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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …