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Ericsson Bags Airtel 4G-5G Multi-Billion Deal
2 weeks, 6 days ago

Ericsson Bags Airtel 4G-5G Multi-Billion Deal

Deccan Chronicle  

New Delhi: After Nokia, Swedish multinational networking and telecom major Ericsson on Wednesday bagged a multi-year and multi-billion-dollar deal of 4G and 5G extension from Bharti Airtel for India operations. “With the said deal, Airtel is likely to finalise renewals totalling worth over $1.2 billion with Ericsson, Nokia, and Samsung, alongside placing orders for new 4G and 5G equipment,” the …

India Network Nokia Deal Ran Bharti Airtel Airtel
Vodafone Idea Q2 net loss narrows to ₹7,175 crore, Arpu rises to ₹156
1 month, 1 week ago

Vodafone Idea Q2 net loss narrows to ₹7,175 crore, Arpu rises to ₹156

Live Mint  

Vodafone Idea Ltd’s losses narrowed to ₹7,175 crore in the September quarter, down from ₹8,746 crore a year earlier, as revenues edged up to ₹10,932 crore from ₹10,716 crore. Funding and capex plans Backed by the Aditya Birla Group, Vodafone Idea is currently in discussions with lenders to secure ₹35,000 crore in debt funding to fuel its network expansion. Earlier …

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Vodafone Rallies 10% As Company Signs $3.6 bn Deal With Nokia, Ericsson; Key Details
3 months ago

Vodafone Rallies 10% As Company Signs $3.6 bn Deal With Nokia, Ericsson; Key Details

News 18  

Vodafone Idea Share Price Today: Vodafone Idea shares were trading 10 per cent higher on Monday after the company scheduled an analyst or investor update call later today, which will take place from 2.30 PM to 3 PM IST and is expected to provide updates on what the telecom operator is up to following the Supreme Court AGR setback. Additionally, …

Company Crore Billion Idea Vodafone Vodafone Idea Nokia Ericsson
VIL issues Rs 2,458 crore equities to Nokia, Ericsson
6 months, 1 week ago

VIL issues Rs 2,458 crore equities to Nokia, Ericsson

New Indian Express  

NEW DELHI: Vodafone Idea, India’s third-largest telecom service provider, approved allotment of 166 crore equity shares worth Rs 2,458 crore to two of its key vendors, Nokia Solutions and Networks India Private Limited, and Ericsson India Private Limited. The move will help the debt-laden telco to roll out a 5G network in and improve its 4G services as both Nokia …

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Ericsson to lay off 1,200 jobs in THIS country as 5G spending slows
8 months, 4 weeks ago

Ericsson to lay off 1,200 jobs in THIS country as 5G spending slows

Live Mint  

Ericsson AB, one of the world’s biggest providers of 5G networking equipment, said it will cut 1,200 jobs in Sweden to cope with lower orders and caution from mobile service providers. European telecom equipment makers Ericsson and Nokia Oyj have struggled to rebound from a slowdown in spending across the mobile services industry. Ericsson warned earlier this year that its …

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Ericsson cuts 1,200 jobs in Sweden to cope with lower sales
8 months, 4 weeks ago

Ericsson cuts 1,200 jobs in Sweden to cope with lower sales

Hindustan Times  

Ericsson AB, one of the world’s biggest providers of 5G networking equipment, said it will cut 1,200 jobs in Sweden to cope with lower orders and caution from mobile service providers. Flags with Ericsson logo The company also plans to cut costs separately by reducing facilities and the use of consultants and will streamline processes, it said in a statement …

Ericsson Cuts
Nokia sales and profit drop as economic challenges lead to cutback on 5G investment
10 months, 4 weeks ago

Nokia sales and profit drop as economic challenges lead to cutback on 5G investment

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Nokia on Thursday reported a …

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Reliance Jio gets $2.2 bn fund support from Swedish export credit agency to finance 5G rollout
1 year, 4 months ago

Reliance Jio gets $2.2 bn fund support from Swedish export credit agency to finance 5G rollout

India TV News  

The country's largest telecom player Reliance Jio has received a USD 2.2 billion fund support from the Swedish export credit agency to finance equipment for the 5G rollout, according to Reliance Industries' annual report. "RJIL tied up its first-ever Swedish Export Credit Agency supported facilities of USD 2.2 billion equivalent making it the largest cover ever provided by EKN for …

India Nokia Jio Report Swedish Reliance Reliance Jio
Jio plans to raise over $1 bn loan to purchase 5G network gear: Report
1 year, 5 months ago

Jio plans to raise over $1 bn loan to purchase 5G network gear: Report

Live Mint  

Indian billionaire Mukesh Ambani's telecommunication company, Reliance Jio Infocomm is in talks with a clutch of global banks to raise around $1-1.5 billion through an offshore syndicated loan, according to a report by the Economic Times. The English Daily said Reliance Jio will use the funds to buy 5G network gear from Sweden's Ericsson as it plans to roll out …

India Nokia Jio Report Billion Bharti Bharti Airtel
How indigenous is India's 5G technology?
2 years, 1 month ago

How indigenous is India's 5G technology?

Business Standard  

Play this FM interaction video from the beginning till 0:34. 5G rollout in India Back home, a few days before the finance minister’s US visit, the country’s Telecom Minister Ashwini Vaishnaw had announced that over 200 cities in India will get access to 5G within six months. Under the contracts, Nokia will supply equipment from its AirScale radio portfolio, including …

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Nokia, Ericsson slump as patent fights hit margins
2 years, 2 months ago

Nokia, Ericsson slump as patent fights hit margins

The Hindu  

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 equipment. As the early stages of a rollout of large projects like 5G tend to have lower margins, telecom companies depend on their high-margin patent royalty business to boost profits. …

India Companies Nokia Patent Sec Ericsson
Ericsson, Nokia, Logitech and other western tech companies set out Russian exit plans
2 years, 3 months ago

Ericsson, Nokia, Logitech and other western tech companies set out Russian exit plans

The Hindu  

Western technology companies, including Ericsson and Nokia, announced plans for complete exits from Russia on Monday, following Dell last week, as the pace of withdrawals accelerates. Ericsson said it will gradually withdraw from Russia over the coming months, while its Finnish rival Nokia said it also plans to exit its Russian business by the end of the year. As Ericsson …

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Airtel to Start 5G Services Rollout in August But All Cities Won't Get It
2 years, 4 months ago

Airtel to Start 5G Services Rollout in August But All Cities Won't Get It

News 18  

New Delhi: Within days of bidding for spectrum in auctions, Bharti Airtel on Wednesday announced it has signed 5G network agreements with gear makers Ericsson, Nokia and Samsung to commence deployment this month. Bharti Airtel, which acquired spectrum worth Rs 43,084 crore in the just-concluded auction, had said it is well-positioned to usher in the 5G revolution in India. Vittal …

India Airtel 5G Services Mhz
Airtel picks Nokia and Ericsson for 5G deployment: Know more
2 years, 4 months ago

Airtel picks Nokia and Ericsson for 5G deployment: Know more

India TV News  

Airtel Recently, India completed its mega 5G spectrum auction and the number of telecom operators bid to claim their space in the upcoming 5G technology. Post the auction, telecom service provider Bharti Airtel announced that for awarded its 5G contract to the tech giants Nokia and Ericsson in India. Meanwhile, Ericsson said that Airtel will deploy power-efficient 5G Radio Access …

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Beijing shuns Ericsson, Nokia as the west curbs Huawei
3 years, 4 months ago

Beijing shuns Ericsson, Nokia as the west curbs Huawei

Live Mint  

The U.S. and many of its allies have restricted the use of 5G cellular equipment made by China’s Huawei Technologies Co. Now Beijing is doing the same to Huawei’s Western rivals. China Mobile Ltd., a government-owned wireless carrier that is the world’s biggest by subscribers, awarded in July 5.4% of its latest 5G-equipment tenders to non-Chinese suppliers, down from 11% …

China Market Telecom Nokia West Sweden Huawei
Ericsson wins 5G radio contracts in China
3 years, 4 months ago

Ericsson wins 5G radio contracts in China

The Hindu  

Sweden's Ericsson won a 3% share in a joint 5G radio contract from China Telecom and China Unicom, according to sources familiar with the matter. Nokia, which was expected to take away Ericsson's market share in China, did not receive any share, according to a tender document published by the Chinese companies. Ericsson, which had warned that it would lose …

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Nokia profit substantially up on new operating model, 5G
3 years, 4 months ago

Nokia profit substantially up on new operating model, 5G

The Hindu  

Wireless network maker and 5G technology provider Nokia reported substantially improved second-quarter profit July 29, citing the help of its new operating model and booming sales of 5G equipment. “We are already seeing the benefits of our new operating model, which helped us to deliver such a strong financial performance,” Mr. Lundmark said. Mr. Lundmark said Nokia has revised its …

China Lundmark New Operating Model Nokia Profit
Nokia defeats U.S. shareholder lawsuit over Alcatel-Lucent integration, 5G progress
3 years, 8 months ago

Nokia defeats U.S. shareholder lawsuit over Alcatel-Lucent integration, 5G progress

The Hindu  

A U.S. judge has dismissed a lawsuit accusing the Finnish telecommunications company Nokia of defrauding shareholders by concealing problems in integrating the former Alcatel-Lucent and in its readiness to become a leader in 5G technology. In a decision on Monday night, U.S. District Judge Andrew Carter in Manhattan said Clyde Waite, the plaintiff leading the proposed class action, failed to …

Nokia
Nokia signs patent license pact with Samsung
3 years, 9 months ago

Nokia signs patent license pact with Samsung

The Hindu  

Nokia has struck a deal with Samsung to license patents covering its innovations in video standards, the Finnish telecom company said on Thursday. Nokia's patent portfolio is composed of around 20,000 patent families, including over 3,500 declared essential to 5G. The deal comes months after rival Ericsson filed a lawsuit in the United States against Samsung in a dispute over …

Samsung Nokia License Patents
As Nokia stock rallies, here's all you need to know about it
3 years, 10 months ago

As Nokia stock rallies, here's all you need to know about it

Hindustan Times  

The shares of Nokia jumped on Monday as investors shifted their focus to other parts of the stock market. After gaining as much as 30 per cent earlier on Monday, AMC shares ended the session little changed and then tumbled as much as 17 per cent in extended trading. The video-game retailer had surged 1,625 per cent last month, propelled …

Nokia Ericsson
Europe plots catch-up in global 5G race to drive COVID-19 recovery
3 years, 11 months ago

Europe plots catch-up in global 5G race to drive COVID-19 recovery

The Hindu  

2021 could be ado-or-die year for Europe's efforts to catch up with China and the United States in rolling out super-fast fifth-generation telecoms networks. European mobile operators have long been reluctant to start investing in 5G networks, which could support smart factories and self-driving cars, because of a lack of political clarity about whether they must accede to U.S. demands …

Europe China Equipment Nokia Huawei European Ericsson
Samsung wins $ 6.6 billion contract from Verizon to create 5G
4 years, 3 months ago

Samsung wins $ 6.6 billion contract from Verizon to create 5G

The Hindu  

Samsung Electronics Co. will develop 5G network infrastructure for Verizon Communications under a USD 6.65 billion deal announced Monday. Samsung has demonstrated their commitment to collaborating with us to drive innovation in 5G, New York-based Verizon said in a statement. The U.S. says it’s a security risk to give China too much access to 5G systems, which are expected to …

Samsung Huawei Verizon
UK ban on Huawei opens door for competitors, although consumers may pick up tab
4 years, 5 months ago

UK ban on Huawei opens door for competitors, although consumers may pick up tab

Live Mint  

Britain's decision to ban China's Huawei Technologies from next-generation 5G telecom networks is the latest blow to the global leader in telecom equipment and could help lay the groundwork for broader changes in the industry. COSTS AND DELAYS There are costs to barring Huawei -- the British government has estimated that its decision to purge Huawei equipment will cost the …

China Telecom British Network Equipment Nokia Huawei
Nokia launches data centre networking tools, developed with Apple
4 years, 5 months ago

Nokia launches data centre networking tools, developed with Apple

Live Mint  

Finland's Nokia launched a set of tools on Thursday for data centre networking, developed in cooperation with Apple Inc, to help companies to manage the growth in traffic as 5G and machine learning technologies roll out. Nokia, which competes against China's Huawei and Sweden's Ericsson to build 5G networks, has been broadening its portfolio by adding open interfaces to its …

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