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Nokia, India
Nokia India sales drop 44% in Q3
Nokias India sales declined for the fourth quarter in a row as Reliance Jio and Bharti Airtel scaled back on network capital expenditure. Similarly, Ericsson experienced a 44% drop in sales in the region.
Nokia sees improved Q3 profit but reports 8% sales dip mainly due to weaker India market
Wireless and fixed-network equipment maker Nokia has reported better-than-expected third quarter earnings, mainly on the back of cost cutting measures, but saw its sales dive 8% largely due to a weaker India market.
Ericsson and Nokia face sales decline in India as telecom capex slows
During the July-Sept period, Ericsson's India revenue plunged 68% Y-o-Y, while Nokia's India sales saw a 43 per cent Y-o-Y dip. Both firms supply network solutions to telecom operators in India
1d
Exclusive: Nokia in talks with Bharti Airtel for multi-billion dollar 5G contract, sources say
Finland's Nokia is in talks with Bharti Airtel about securing a multi-billion dollar contract to provide 5G telecom equipment ...
5h
on MSN
Nokia is cutting 2,000 jobs in China, and how this 'Huawei ban' may be the reason
Nokia, aiming to reduce costs amid challenging telecom market conditions, lays off 2,000 employees in Greater China and plans ...
22h
Nokia Q3: Earnings Miss, CEO Cites Telecom Weakness And Anticipates India Demand Rebound
Nokia reported a 7% decline in net sales and missed analyst estimates. Comparable EPS was lower, but net income increased.
The Independent Singapore
9h
Nokia reportedly in talks for a multibillion-dollar 5G contract with Bharti Airtel
India is the world’s second-largest market for smartphones, with companies like Airtel, Reliance's Jio, and Vodafone Idea ...
devdiscourse
18h
Nokia Defies Challenges: Cost-Cutting Boosts Q3 Earnings Amid Sales Slump
Nokia reported a 22% increase in third-quarter net profit, despite suffering an 8% drop in sales primarily due to a weaker ...
1d
on MSN
Nokia Sales Miss Estimates as Turnaround Fails to Take Shape
Nokia Oyj sales failed to meet analysts’ estimates in the third quarter, as a recovery takes shape slower than previously ...
1d
on MSN
Nokia joins Ericsson in seeing signs of recovery after mixed results
By Supantha Mukherjee STOCKHOLM (Reuters) -Finnish telecom equipment supplier Nokia on Thursday reported a 9% rise in ...
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Bharti Airtel
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