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October 19, 2023
Finnish telecom company Nokia reported a 102% increase in net sales in India in Q3 2023, driven by 5G deployments. However, it cautioned that the pace of 5G rollouts in India is starting to slow down. Net sales in North America fell 45% as customers evaluate spending and digest inventories. Nokias net sales declined in other regions as well, except for the Middle East & Africa which saw 2% growth.
October 19, 2023
EARNINGS/SALES RELEASESFollowing in the footsteps of its Swedish counterpart, Kinnevik, Investor published a modest set of Q3-23 results, with the NAV down 2% YTD to SEK 760bn or SEK 248 per share. On...
October 19, 2023
The success of this workforce reduction will depend on Nokia's ability to reallocate resources wisely, adapt to emerging technologies, and regain its foothold in the US market.
October 19, 2023
NL Corresspondent Jammu Tawi: Bharti Airtel (Airtel), Indiaโs premier communications solutions provider and Ericsson (NASDAQ: ERIC) today announced the successful testing of Ericssonโs pre-commercial Reduced Capability (RedCap) software on the Airtel 5G network. Carried out in collaboration with Qualcomm Technologies, Inc. using its 5G RedCap test module, the testing on 5G TDD network represents the
October 18, 2023
According to the financial report released on Tuesday, 17 October, 2023, Swedish telecom equipment manufacturer Ericsson experienced remarkable growth in net
October 18, 2023
By Dominic Chopping Nokia is scheduled to report results for the third quarter on Thursday. Here's what you need to know: NET PROFIT: The Finnish telecom...
October 18, 2023
The necessity for energy-efficient network solutions and the growing demand for high-speed Internet in developing nations are driving the growth of the passive optical LAN (POL) market.Wilmington, Delaware, United States, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global passive optical LAN (POL) market was estimated to have acquired US$ 29 billion in 2020. It is anticipated to register a 23.6% CAGR from 2021 to 2031 and by 2031, the market is likely to gain US$ 29
October 18, 2023
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Q3 2023 Earnings Call Transcript October 17, 2023 Telefonaktiebolaget LM Ericsson (publ) beats earnings expectations. Reported EPS is $0.08, expectations were $0.07. Peter Nyquist: Hello, everyone, and welcome today’s Ericsson’s Third Quarter 2023 Results. With me today I have here Nyquist; our CFO, Carl Mellander; and direct from New York, […]
October 18, 2023
Ericsson has slashed ยฃ2.4 billion off the book value of Vonage, the American cloud communications provider it bought for ยฃ5 billion in 2022.
October 18, 2023
Ericsson and etisalat by e& have signed an MoU to explore ways in which Ericsson Cloud RAN can support the development of 5G mobile broadband network of the Communication Service Provider (CSP).