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AT&T chooses Ericsson for new U.S. telecom network, will drop Nokia
FILE PHOTO: A logo of Ericsson is seen outside the company's office in Kanata, Ontario, Canada April 17, 2023. REUTERS/Lars Hagberg/File Photo
technology
Nokia to cut up to 14,000 jobs as U.S. demand shrinks, growth uncertain
A view of the Nokia headquarters in Espoo, Finland, Thursday, Oct. 19, 2023. Telecom gear maker Nokia said Thursday that it is planning to cut up to 14,000 jobs worldwide, or 16% of its workforce, as part of a push to reduce costs following a plunge in third-quarter sales and profit. The Finnish wireless and fixed-network equipment provider said the planned measures are aimed at reducing its cost base and increase operational efficiency “to navigate the current market uncertainty." (Jussi Nukari/Lehtikuva via AP)
report on business
Nokia renews patent license agreement with Apple, covering 5G and other technologies
Visitors talk to staff members at a display for technology firm Nokia at the PT Expo in Beijing, Sunday, June 4, 2023. The annual expo showcases Chinese and foreign technology firms. (AP Photo/Mark Schiefelbein)
international business
Nokia changes iconic logo to signal strategy shift
A picture taken on February 26, 2023 shows Nokia new logo at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona. (Photo by Josep LAGO / AFP) (Photo by JOSEP LAGO/AFP via Getty Images)
technology
Nokia opens new office in downtown Toronto as it looks to grow in Canada
The Nokia building in Ottawa October 16, 2022. Photograph by Blair Gable
report on business
Nokia to build 26-acre facility in Ottawa with residential units and $72-million in government funding
The Nokia building in Ottawa October 16, 2022. Photograph by Blair Gable
international business
Ericsson, Nokia to wind down Russian operations by end of the year
FILE PHOTO: Ericsson logo is seen at its headquarters in Stockholm, Sweden June 14, 2018. REUTERS/Olof Swahnberg/File Photo
technology
Nokia says it expects its turnaround to continue in 2022
FILE PHOTO: Visitors gather outside the Nokia booth at the Mobile World Congress in Barcelona, Spain, February 26, 2019. REUTERS/Sergio Perez
european business
Nokia CEO warns ‘serious’ semiconductor shortage could last up to two years
The headquarters of Finnish telecommunication network company Nokia is pictured in Espoo, Finland April 27, 2017. Lehtikuva/Vesa Moilanen/via REUTERS/Files
technology
LG Electronics becomes first major smartphone brand to withdraw from market
The new LG G8 ThinQ smartphone with "gesture control" and "palm unlock" is displayed at the Mobile World Congress, in Barcelona, Spain, Sunday, Feb. 24, 2019. The fair started with press conferences on Sunday, before the doors open on Monday, Feb. 25, and runs until Feb. 28. (AP Photo/Manu Fernandez)
european business
Nokia sees pick up in profit margins to 10-23% as turnaround takes shape
FILE PHOTO: Visitors gather outside the Nokia booth at the Mobile World Congress in Barcelona, Spain, February 26, 2019. REUTERS/Sergio Perez/File Photo
international business
Nokia to cut up to 10,000 jobs over next two years to trim costs
FILE PHOTO: The Nokia logo is seen on a smartphone in front of a displayed stock graph in this illustration taken February 5, 2021. REUTERS/Dado Ruvic/File Photo
report on business
Rural internet provider Xplornet moves away from Huawei, announces Ericsson as 5G partner
FILE PHOTO: The Ericsson logo is seen at the Ericsson's headquarters in Stockholm, Sweden June 14, 2018. REUTERS/Olof Swahnberg/File Photo
property report
Midtown Ottawa farm leverages smart technology
Farmer Jordan Wallace sits in the cab of an autonomous tractor at the Ottawa Smart Farm on Oct. 28, 2020, in Ottawa.
european business
Huawei ousted from heart of EU as Nokia wins Belgian 5G contracts
FILE PHOTO: The logo of French telecom operator Orange is pictured on the facade of the Belgian unit in Brussels, Belgium, May 10, 2016.REUTERS/Francois Lenoir/File Photo
european business
Nokia wins 5G radio equipment contract from Britain’s BT
FILE PHOTO: The logo of Nokia is seen at the Nokia Paris-Saclay campus as employees of Nokia demonstrate during a strike called by unions in Nozay, near Paris, France, June 30, 2020. REUTERS/Benoit Tessier/File Photo
european business
Nokia takes a hit as Samsung secures US$6.6-billion Verizon 5G deal
FILE PHOTO: Visitors gather outside the Nokia booth at the Mobile World Congress in Barcelona, Spain, February 26, 2019. REUTERS/Sergio Perez
european business
Nokia wins second round of legal fight against Daimler on patent fees
The logo of Nokia is seen before the company's news conference in Espoo, Finland March 2, 2020. Lehtikuva/Markku Ulander via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. FINLAND OUT. NO COMMERCIAL OR EDITORIAL SALES IN FINLAND
asia-pacific business
Nokia lands $450-million 5G contract with Taiwan Mobile
FILE PHOTO: Visitors gather outside the Nokia booth at the Mobile World Congress in Barcelona, Spain, February 26, 2019. REUTERS/Sergio Perez/File Photo
european business
Nokia brings back former executive Pekka Lundmark as CEO in bid to revive 5G business
Nokia's new President and CEO Pekka Lundmark shakes hands with resigning President and CEO Rajeev Suri (R) after a news conference at the Nokia headquarters in Espoo, Finland March 2, 2020. Lehtikuva/Markku Ulander via REUTERS
european business
Nokia plunges to surprise quarterly loss, shares slump
FILE PHOTO: Visitors gather outside the Nokia booth at the Mobile World Congress in Barcelona, Spain, February 26, 2019. REUTERS/Sergio Perez/File Photo