Page 4 - Nokia

Wipro, Nokia partner to provide 5G private wireless corporate solutions

IT services firm Wipro on Monday said it has partnered with Finnish telecom and IT company Nokia to deliver private wireless solutions to enterprises. Through this solution, enterprises will be able to create an integrated private environment that they can control to better manage their performance and mitigate security risks, as per a statement said. Wipro said the joint private wireless solution with Nokia will "help enterprises scale their digital transformation". This joint solution will provide enterprises with a more secure 5G private wireless network solution integrated with their operation infrastructure, it said. "The solution will bring greater reliability, mobility, connectivity speed, real-time access to business insights, and the ability to process high volumes of data with low latency," the statement said. This AI-driven solution will initially be made available to customers in the manufacturing, energy, utilities, transportation, and sports entertainment ...

Nokia, IISc team up to research 6G use cases focused on needs of society

It combines the academic strength of the prominent research institution in India with Nokia's expertise in introducing cutting-edge mobile technology to the world at scale

Tarun Chhabra to replace Sanjay Malik as Nokia India country manager

Finnish IT and tech firm Nokia on Tuesday announced the appointment of Tarun Chhabra as its country manager in India with effect from April 1, 2024. He will replace Sanjay Malik who retires on March 31, 2024. "Tarun Chhabra will continue in his role of Head of Mobile Networks Market India in addition to assuming India Country Manager responsibilities," the company said in a statement. "India is such an important market for Nokia and I believe that, in this new role, I will be able to help our customers to benefit from Nokia's leading technology across our portfolio, at a time when technology is playing a vital role than ever before in the lives of organizations, companies, individuals and societies," Chhabra said.

Nokia Q4 results: Profit drops to $619 mn amid 5G cutback, sales down 23%

Nokia on Thursday reported a double-digit decline in sales and a fall in profit in the last three months of 2023, with the wireless and fixed-network equipment maker saying operators are cutting back on investments into 5G and other technology because of economic uncertainty. The Espoo, Finland-based company reported net profit of 568 million euros ($619 million) for the October-to-December quarter, down from 929 million euros in the same period a year earlier. Nokia is one of the world's main suppliers of 5G, the latest generation of broadband technology, along with Sweden's Ericsson, China's Huawei and South Korea's Samsung. Nokia's net income attributable to shareholders came in at 558 million euros in the fourth quarter, down from 931 million euros the previous year. Nokia's sales also fell 23%, to 5.7 billion euros from 7.5 billion euros. In 2023 we saw a meaningful shift in customer behaviour impacting our industry driven by the macro-economic environment and high interest ..

OPPO signs cross-licence agreement with Nokia to resolve patent dispute

OPPO announced that cross-license agreement with Nokia covers standard-essential patents in 5G and other cellular communication technologies

AT&T taps Ericsson for $14 billion wireless network revamp, ousting Nokia

It was a major blow to Finnish rival Nokia, whose shares tumbled 10 per cent on Tuesday in Helsinki trading

Nokia bags multi-terabit pan-Indian optical network deal from Bharti Airtel

Finnish telecom gear maker Nokia has bagged a pan-India deal from Bharti Airtel Ltd to deploy a next-generation optical transport network that will enhance the telecom firm's bandwidth multifold. According to sources aware of the deal, the data transmission capacity of a core network layer of Bharti Airtel that sends data from one city to another will double and its optical fibre network capacity to transmit data will grow up to four times from the current capacity. "As part of the agreement, Airtel will utilize Nokia's 1830 PSS-x OTN switches in its National Long-Distance Network connecting major cities across India," Nokia said in a statement. The technology will help the Airtel network from disruption caused by optical fibre cable damage as the transport layer will reroute the traffic through other cable links. "The launch of 5G networks and the push for broadband connectivity across India is increasing demands for Communications Service Providers (CSPs), including augmentation

Nokia sues Amazon from US to India over 'unauthorised' streaming patents

Companies providing video streaming services or streaming devices enjoy "huge benefits" from Nokia's research which in turn needs to be compensated accordingly, Patel said

Nokia sues Amazon from US to India over streaming-tech patents infringement

The suits were filed in the US, Germany, India, the UK, and the European Unified Patent Court, Arvin Patel, Nokia's Chief Licensing Officer said in a statement on the company's website

India to see higher demand of telecom equipment in 2024-25: Nokia

While Indian telecom operators have completed the roll-out of 5G network across the country, Nokia sees demand for equipment will be substantial in 2024-25, a senior company official said. Speaking to PTI at the India Mobile Congress, Nokia India head of mobile networks business Tarun Chhabra said that the proliferation of fixed wireless access network will usher the Indian telecom sector into the second phase of 5G network deployment. "India's requirement is still going to be substantial in 2024-25, then our factories will be fully loaded with India plus some exports," Chhabra said. Nokia has recorded multi-fold growth in its telecom gear business in India on account of rapid 5G network deployment. In the third quarter financial report, Nokia President and CEO Pekka Lundmark said the business continued to benefit from 5G deployments in India, where net sales more than doubled year-on-year, but sales volume moderated significantly on a sequential basis as the pace of deployment has

Nokia bags WiFi6-ready broadband gear deal from Tata Play Fiber

Finnish telecom gear maker Nokia on Thursday said it has bagged a broadband gear supply deal from Tata Play Fiber to launch India's first WiFi6-ready broadband network. Nokia said with increasing broadband usage in both residential and enterprise areas, there is significant demand for new, high-capacity broadband connections and to meet this demand, broadband networks need future proof fiber and in-home solutions that can scale in line with evolving end-customer needs. Under the contract, Nokia will ship WiFi6 Mesh technology which the company claims is ideally suited to residential homes with large and multi-floor spaces, as well as for small office/home office (SOHO) enterprises, which represent a large addressable market in India. "Our partnership with Nokia allows us to bring WiFi6-ready network to our customers - which is a first in the category. "The deployment of this next generation best-in-class optical networking solution will boost up speed and coverage for multiple smar

HMD Global launches Nokia 105 Classic phone with UPI app at Rs 999: Details

The Nokia 105 Classic is offered in four variants - single SIM, dual-SIM, with charger, and without charger. The base model with single SIM and without charger is priced at Rs 999

Nokia to cut 14,000 jobs to lower costs amid weak demand in US, Europe

Nokia also posted weaker-than-expected earnings on Thursday in a separate statement

Nokia's Chennai factory achieves 7-million-unit production milestone

The factory manufactures 5G New Radio (5G NR), 5G massive MIMO products, 4G/LTE radios as well as Fiber Broadband equipment among others

Nokia achieves 7 mn telecom gear production milestone at Chennai plant

Finnish telecom company Nokia on Thursday said its Chennai plant has achieved the production milestone of 7 million telecom network gear units. The company started the plant 15 years ago and is one of the largest factories of Nokia globally. "Nokia's factory in Chennai has reached a significant production milestone by reaching seven million telecom units. The factory has completed fifteen years of operation this year and is playing a key role in boosting telecom equipment manufacturing in the country," Nokia said. The factory manufactures 5G New Radio (5G NR), 5G massive MIMO products, 4G or the LTE radios as well as fiber broadband equipment among others. Nokia exports approximately 50 per cent of the production. "Further, it (Nokia) has progressively increased the localization of components by up to 2 times compared to previous years in 5G equipment manufacturing," the statement said. The company had announced the start of manufacturing 5G telecom gears in India even before the

Nokia launches 6G lab in India for advancing technology development

To further scale up the 6G research initiative in the country, Nokia is also in the process of building research collaborations with research institutes

India among top 3 nations with highest 5G base, roll-out remarkable: Nokia

The 5G network roll-out in India has been remarkable and the country is among the top three nations with the largest 5G installed base in the world, a top Nokia official said. Nokia President and CEO Pekka Lundmark was addressing an event during the inauguration of the company's 6G research lab in Bengaluru on Thursday. "5G roll-out in India is truly remarkable. This has been one of the fastest telecom network roll-outs ever and means India is now among the top three countries in the world that have the largest 5G installed base, with 5G download speeds beating those found in many advanced markets," Lundmark said. While there has been a decline in telecom gear shipment across major geographies, the 5G roll-out in India has been able to offset a dip in the business of Ericsson and Nokia. Nokia posted 333 per cent growth in India sales at about Rs 9,500 crore in the June quarter of 2023. Ericsson reported 74 per cent growth in net sales in the June 2023 quarter in "South East Asia,

HMD Global to launch a new mobile phone brand line parallel to Nokia: CEO

Finnish mobile phone HMD Global said it plans to launch a new brand to create a new world for telecommunications focused on consumer needs

Nokia G42 5G phone ready to go on sale from today, check where to buy

Nokia's recently launched 5G smartphone is ready for sale today. The Nokia G42 5G smartphone launched in India on September 11, 2023. Here's everything you need to know

HMD Global launches Nokia G42 5G budget smartphone in India: Price, specs

Powered by the Qualcomm Snapdragon 480 Plus 5G chipset, the Nokia G42 is offered in 6GB RAM and 128GB storage configuration. It will be available for purchase on Amazon India starting September 15