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What is Nokia?

Nokia

About Nokia

What is Nokia?

Nokia is a Finnish company founded in 1865 as a maker of pulp and paper. The company branched into rubber and cable businesses over the years, and later formed a merged entity, Nokia Corporation, in 1967. Though the company operated in various industries initially, it focused on the telecommunication infrastructure business, technology development, telecom equipment and licensing from mid-90s. Since then, the company has been one the major contributors in the field of mobile phone telephony industry.
 
Being one of the early companies to experiment and explore the telecommunication networks, the Finnish company forayed into the cellular network industry in the
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Latest Updates on Nokia

Nokia phone maker HMD moves production to India, urges suppliers to join

Nokia phone maker HMD is shifting a significant portion of its manufacturing from China to India as part of its global expansion strategy

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Updated On : 26 Nov 2024 | 12:28 PM IST

Nokia, Microsoft Azure extend multi-year deal for data centre scalability

As part of the agreement, Nokia will supply its 7250 IXR-10e platform to ensure multi-terabit interconnectivity within Microsoft's data centres

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Updated On : 21 Nov 2024 | 5:20 PM IST

Bharti Airtel awards 'multibillion' 5G gear extension deal to Nokia

The 'multi year' deal is the second 5G order announced by telecom operators in the last two-months

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Updated On : 20 Nov 2024 | 10:57 PM IST

Nokia wins multi-billion extension deal with Airtel to boost 4G, 5G network

The agreement is expected to enhance Airtel's 5G capacity while supporting its network transformation efforts and modernise its 4G network

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Updated On : 20 Nov 2024 | 2:58 PM IST

Nokia to deploy 3,300 new sites for VI's 4G expansion by March 2025

In September, Vi announced a mega $3.6 billion or Rs 30,000 crore deal with global telecom equipment makers Nokia, Ericsson, and Samsung, for the supply of network equipment over a three-year period

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Updated On : 13 Nov 2024 | 5:42 PM IST

Dixon begins manufacturing fixed broadband devices in collab with Nokia

A manufacturing setup by Dixon Electro, a step-down unit of Dixon Technologies, will produce up to 10 million devices annually at its facility in Noida, it added

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Updated On : 08 Nov 2024 | 11:13 PM IST

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

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Updated On : 18 Oct 2024 | 10:28 AM IST

Nokia cuts 2,000 jobs in China, 350 in Europe as part of restructuring

A Nokia spokesperson confirmed the company had opened consultations relating to laying off 350 employees in Europe but declined to comment on Greater China

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Updated On : 17 Oct 2024 | 5:36 PM IST

Nokia joins Ericsson in seeing signs of recovery after mixed Q3 results

Nokia's total addressable market in telecom stands at around $84 billion

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Updated On : 17 Oct 2024 | 1:44 PM IST

Nokia in talks with Airtel for multi-billion dollar 5G contract: Report

The deal with Airtel would be for Nokia's latest AirScale mobile radios that support upgrading an existing network to 5G-Advanced and reduces energy costs

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Updated On : 16 Oct 2024 | 8:19 PM IST

Airtel-Nokia to cut CO2 emissions by 143K MT annually under 'Green 5G'

The partnership will focus on 'zero-traffic, zero-watt operation', reducing radio network's power consumption during periods of no traffic, thereby conserving power and optimising energy management

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Updated On : 08 Oct 2024 | 2:43 PM IST

Vodafone Idea expands long-term partnership with Ericsson for 5G rollout

As part of the new agreement, Ericsson will upgrade Vi's existing 4G networks and introduce 5G in key areas, including Delhi, Kerala, Chhattisgarh, and Rajasthan

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Updated On : 07 Oct 2024 | 2:00 PM IST

Vi partners with Nokia to enhance network security against cyber threats

The telecom sector is a prime target for cyber threats due to the large amounts of sensitive data it stores, such as credit card details and social security numbers

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Updated On : 30 Sep 2024 | 7:20 PM IST

Vodafone Idea awards Rs 30k-cr contracts for 4G, 5G gear supply for 3 years

Supplies under the new contract will start arriving in the coming quarter, Vodafone Idea said, adding that its top priority remains to expand the 4G coverage

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Updated On : 22 Sep 2024 | 1:43 PM IST

German court rules in Nokia's favour in Amazon video tech patent dispute

In July, Amazon sued Nokia in a Delaware federal court, accusing the Finnish group of infringing a dozen Amazon patents related to cloud-computing technology

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Updated On : 20 Sep 2024 | 8:00 PM IST

Hyatt PE in India be taxed even if global entity earns losses: Delhi HC

Overturns division bench verdict on Nokia Solutions

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Updated On : 21 Sep 2024 | 12:17 AM IST

Bharti Airtel to invest $1 billion in 4G gear from Ericsson, Nokia, Samsung

The contracts will address 300,000 new 4G base stations, with Ericsson, Nokia, and Samsung supplying about 50 per cent, 45 per cent, and 5 per cent of the equipment, respectively, over three years

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Updated On : 18 Sep 2024 | 10:12 AM IST

Nokia denies report on moves to replace president, CEO Pekka Lundmark

"The Board fully supports President and CEO Pekka Lundmark and is not undergoing a process to replace him," Nokia said in a statement

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Updated On : 12 Sep 2024 | 10:41 PM IST

Nokia signs deal with AT&T after losing network contract to Ericsson

Nokia said the fibre deal with AT&T is "Build America, Buy America-compliant", to meet the requirements of U.S. government funding

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Updated On : 03 Sep 2024 | 5:35 PM IST

Airtel, Nokia, MediaTek achieve 300 Mbps upload speed on 5G during trial

The trial comprised the combined use of a set of mid-band spectrums, utilising the latest generation chipset

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Updated On : 02 Sep 2024 | 5:57 PM IST