Nokia Oyj: Nokia Corporation Financial Report for Q4 and Full Year 2020
Nokia Corporation Financial Report for Q4 and Full Year 2020
Solid margin performance driven by customer demand in North America
5% year-on-year decrease in reported net sales in Q4, primarily due to Mobile Access, as declines in network deployment and planning services were partially offset by growth in radio access products
1% growth in constant currency net sales in Q4
Continued improvements in our Mobile Access portfolio; strengthening roadmaps, reducing product costs and improving product performance; commitment to invest in R&D to drive product leadership
Increase in Mobile Access gross margin in Q4, primarily driven by improved 5G gross margin, partially offset by a project-related loss provision
The company says this is the first cable to feature space division multiplexing (SDM) technology, enabling optical fibers to carry several independent spatial light channels. The Dunant cable uses 12 fiber pairs compared to the eight found in a regular cable. The fibers share a single pump laser to amplify their signal as they travel across the ocean floor traditional cables require a separate repeater for each fiber.
The cable’s naming follows a Google tradition of naming its wholly-owned international undersea cables after famous people from history. Henry Dunant founded the Red Cross and was the first Nobel Peace Prize recipient.
ASN starts construction on Africa-1 subsea cable
03 February 2021 | Natalie Bannerman Alcatel Submarine Networks (ASN) has confirmed that it has started construction of the Africa-1 subsea cable connecting Africa, the Middle East and Europe.
The system is backed by a consortium made up of Etisalat, G42, Mobily, Pakistan Telecommunication Company and Telecom Egypt, with more companies expected to join in the near future.
The 10,000km system will deliver 8 fibre pairs to connect Africa and the Middle East eastward to Pakistan and westward to Europe, increasing the available transmission capacity between Asia and Europe.
The cable will also feature ASN 1620 Softnode transmission equipment, featuring high performance 200/300/400 Gb/s advanced coherent XWAV line cards.
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The construction of Africa-1, a new subsea telecom system to connect Africa, the Middle East and Europe, is now under way.
Alcatel Submarine Networks (ASN), which provides all elements of turnkey global undersea transmission systems, has announced that, further to the supply contract coming into force, the members of the Africa-1 consortium have started the implementation of a new telecommunications optical submarine network.
Alphabet (GOOGL) Winds Up Internet Balloon Company Loon Zacks.com 1/26/2021
Alphabet GOOGL plans to close project Loon, which was set up to build giant balloons for connecting rural areas through Internet.
Founded in 2011, Loon was a subsidiary of Alphabet that used high-altitude balloons to provide Internet access to rural and remote areas.
Google stated that it was unable to find a sustainable business model and secure partners for this project. Also, regulatory challenges had been leading to a delay in the execution of the project.
Though the technology had earlier proved successful in certain places like Peru and Puerto Rico where cell towers were downed by natural disasters, it has not been that profitable for the company as earlier expected.