Nokia joins Ericsson in seeing signs of recovery after mixed results
STOCKHOLM, Oct 17 (Reuters) - Finnish telecom equipment supplier Nokia (NOKIA.HE) on Thursday reported a 9% rise in third-quarter operating profit on cost cuts, and echoed rival Ericsson...
Nokia signs fibre deal with AT&T after losing network contract to Ericsson
Sep 3, 2024 · The deal comes after Nokia lost a major deal with AT&T to its Swedish rival Ericsson (ERICb.ST), which the U.S. operator chose in December to build a telecoms network that will cover 70% of its...
Nokia CEO speaks out on AT&T's 'one vendor' move to Ericsson
Dec 12, 2023 · Earl Lum, the analyst at EJL Wireless Research who first said Nokia was due to be replaced in AT&T's network, now believes Ericsson is heavily financing the move.
Ericsson, Nokia, Vodafone in European competitiveness call
Sep 3, 2024 · Powerhouse Europe-based telecoms leaders - Ericsson, Nokia, and Vodafone - have joined forces to warn of the consequences for European digital competitiveness if recent political and policy discussion momentum is not followed by timely concrete actions.
AT&T Snubs Nokia and Strikes $14 Billion Supplier Deal With Ericsson
Dec 5, 2023 · AT&T T 0.55% struck a deal with Ericsson ERIC.B 1.74% to buy up to $14 billion of its hardware and services after the Swedish equipment supplier pledged to open up its software to competing...
Nokia Falls, Ericsson Rises as AT&T Chooses Ericsson for $14B Deal
Dec 5, 2023 · American depositary receipts (ADRs) of Nokia fell over 5% while Ericsson rose 1.6% in early trading Tuesday after AT&T tapped Ericsson for a $14 billion deal to modernize its wireless network.
AT&T CEO Explains Nokia Snub in $14 Billion Network Deal With Ericsson
Dec 6, 2023 · On Monday (Dec. 4), AT&T (T) announced its decision to award Swedish telecommunication company Ericsson a $14 billion contract to develop its open radio access network (RAN) infrastructure. The...
Nokia, Ericsson slump as patent fights hit margins | Reuters
Oct 20, 2022 · Telecom equipment makers Nokia and Ericsson were among the worst performers in Europe on Thursday, bruised by ongoing patent battles which cut profit margins and offset strong demand for 5G...
Inside AT&T's Nokia rip-and-replace with Ericsson - Light Reading
Jun 13, 2024 · Months after signing their landmark deal, AT&T and Ericsson have started the work of replacing Nokia's radios with those from Ericsson. Here is the inside story of that five-year, $14...
Telecom glory days are over – bad news for Nokia, worse for Ericsson
Oct 21, 2024 · Ericsson, Nokia and other network product vendors may have felt the lurching sensation of weightlessness experienced by people on big-drop fairground rides when they saw the graph from...