Company News | Nokiamob

Nokia Unveils Corteca to Boost Broadband

Marin — Wed, 23 Aug 2023 08:49:51 +0000

Nokia has introduced the new Corteca home connectivity software, aimed at providing operators with greater control over customers’ in-home connectivity experiences. Corteca is a clever software by Nokia that works in the cloud and at your home. It helps operators make customers happier, earn more money, and save on costs. Nokia’s new software also brings […]

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Nokia to start manufacturing broadband network electronics product in the US

Stipe — Sat, 05 Aug 2023 08:51:43 +0000

Nokia announced this week that the company will start manufacturing broadband network electronics products in the United States. This move is requirement to be part of the Broadband Equity, Access and Deployment (BEAD) program for which 42.45 billion dollars is allocated by the US government. YouTube In partnership with Sanmina Corporation, Nokia will manufacture several […]

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Nokia released the Q2 2023 financial report

Stipe — Thu, 20 Jul 2023 07:09:17 +0000

Finnish telecommunication giant Nokia released this morning their financial report for the second quarter of 2023 (Q2 2023). Nokia earlier reported about the weaker demand for telco equipment, especially in the high margin North America markets, and that is reflected in Q2 results. The comparable revenue declined 3% to 5.7 billion euro in Q2 2023, […]

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Nokia reports weaker demand for telco equipment

Marin — Mon, 17 Jul 2023 19:47:36 +0000

Nokia will present its Q2 financial report on July 20, and some insider information sheds light on what the report will look like. Nokia’s share price has not looked good in recent months, and after Nokia announced it would cut net sales and lower its 2023 operating margin guidance, the share price fell 10% from […]

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Nokia to show Q2 2023 results on July 20

Marin — Thu, 13 Jul 2023 18:14:40 +0000

Nokia announced today that it will release its second-quarter and first-half financial report on July 20, 2023. The timing is set at approximately 8 a.m. Finnish time (EEST) or 9 a.m. CET. Nokia will make the financial report available on Nokia’s website immediately after publication. The detailed segment-level discussion will be available in the full […]

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Nokia introduces network slicing for Android 14

Marin — Sun, 18 Jun 2023 17:36:30 +0000

One of the opportunities of 5G networks is network slicing. To make this term as simple as possible, this option is actually a virtual architecture of a single network which is divided in a way the network will be able to respond to the specific needs of a user. These virtual partitions of a network […]

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Nokia negotiates job cuts in Finland

Kerwin — Wed, 24 May 2023 21:14:59 +0000

In 2021, Nokia announced plans to reform its cost structure and reorganize its operations in Finland. As part of this initiative, the company recently started change negotiations that could lead to a reduction of up to 208 jobs across all Nokia sites in Finland. However, certain functions such as System-on-Chip (SoC) product development and Nokia’s […]

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Nokia enhance power efficiency of AirScale by 30%

Marin — Tue, 16 May 2023 07:05:49 +0000

The energy costs of the networks are quite high and can account for about half of the operators’ costs. The radio access network, or RAN, consumes about 80 percent of the total energy used by mobile networks. As wireless traffic grows exponentially, energy consumption increases, driving up costs and ultimately the price of your operator […]

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Nokia released Q1 2023 financial results

Stipe — Thu, 20 Apr 2023 09:04:54 +0000

This morning, Nokia released their financial results for the first quarter of 2023. The company missed the earnings estimate as it sees signs of the economic environment impacting customer spending. In Q1 2023, Nokia’s revenue was 5.859 billion euro, representing a year-on-year increase of 10%. The comparable operation profit fell from 583 million euro in […]

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Nokia introduces Beacon 10 with new logo

Marin — Sat, 04 Mar 2023 16:41:03 +0000

Nokia introduces Beacon 10, its first product to carry the new logo. This device announced at MWC2023, is actually its first gateway that supports Wi-Fi 6E which should provide high-capacity mesh networking. This beacon uses tri-bands to provide a Wi-Fi throughput of 10Gbps. It also includes a 10G WAN interface pairable with 10 Gb/second fiber […]

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