Nokia CEO sets out restructuring after shares plunge 17 percent

Nokia CEO Pekka Lundmark has set out his restructuring plans after poor comparative results to Ericsson tanked the company’s shares.

“Our industry is undergoing profound changes. Industrial automation and digitalisation are increasing customer demand for high-performance networks, with a trend towards open interfaces, virtualisation, and cloud-native software,” said Lundmark.

“As we work to renew our strategy, we will ensure we are well-positioned to leverage...

Ericsson joins Nokia in helping BT replace Huawei’s 5G gear

Ericsson has joined Nokia in helping BT to replace Huawei’s 5G equipment in London and other major cities.

In September, BT announced a deal with Nokia that will see the Finnish vendor become its biggest equipment supplier.

BT announced today that it has also selected Ericsson to be a key partner for its 5G deployments in London, Edinburgh, Belfast, Cardiff, and other major cities.

“With deals now in place with both Ericsson and Nokia, two well-known and...

Telia will use Ericsson for 5G in Sweden but Nokia in Finland

Telia will use 5G equipment from compatriot Ericsson in its home country but will turn to Nokia for its Finnish operations.

Starting with Telia in Sweden, the company has signed a five-year agreement with Ericsson which it says “brings together two of the region’s wireless pioneers” to provide a great 5G experience for the operator’s seven million customers in Sweden and Estonia.

“With today’s agreement, we have the foundation in place to develop the most...

Nokia unveils further details on NASA partnership to put 4G on the Moon

Nokia has provided further details on its endeavour to put 4G connectivity on the Moon after being named by NASA as a partner.

The company’s pioneering Bell Labs research division is developing the first low-power and end-to-end LTE solution that’s able to handle the rigours of space and the Moon.

Marcus Weldon, CTO at Nokia and Nokia Bell Labs President, said:

"Leveraging our rich and successful history in space technologies, from pioneering satellite...

Nokia reaches the 100 commercial 5G agreements milestone

Nokia has reached a significant milestone in the race to become the backbone of global 5G networks.

The Finnish telecoms vendor now has 100 commercial 5G deals and a total of 160 commercial 5G engagements.

Nokia says enterprise customers now make up 12 percent of its 5G deals, with recent private wireless deployments including Deutsche Bahn, Toyota Production Engineering, and Sandvik.

Tommi Uitto, President of Mobile Networks at Nokia, said:

“We are...

BT selects Nokia to replace Huawei for EE’s 5G network

BT has struck a deal with Nokia to replace Huawei’s equipment for EE’s 5G in addition to its previous generation networks.

The UK’s largest telecoms operator acquired EE for £12.5 billion in 2016. EE has used Huawei’s equipment in its 2G and 4G networks while BT itself has maintained a strong relationship with the Chinese vendor since 2005 for its broadband network.

A decision made by the UK government in July bans operators from purchasing Huawei equipment...

Analysys Mason: Nokia maintains lead in telecoms software and services

Nokia has maintained its lead in Analysys Mason's annual independent report which ranks telecoms software and services providers.

The Finnish giant beat rivals like Ericsson and Huawei to the number one spot based on strong growth and a portfolio which Analysys Mason says leads in almost all categories.

Larry Goldman, Partner & Head of Networks and Software Research at Analysys Mason, said:

“Nokia is once again the overall leader in telecoms software...

Nokia’s new AirScale Cloud RAN solution helps deliver 5G’s promises

Nokia has unveiled a "next-generation" Cloud RAN (Radio Access Network) solution which will help to deliver on 5G's promises.

The Finnish telecoms giant believes that its latest solution will help operators to generate revenue from 5G services, enable "flexible" end-to-end network slicing, and take full advantage of IoT opportunities.

Tommi Uitto, President of Mobile Networks at Nokia, said:

“The next-generation Nokia 5G AirScale Cloud RAN is a true...

Nokia: Video is still the 5G ‘killer app’ for both consumers and enterprises

Research from Nokia suggests that improved video capabilities is still 5G's killer application for both consumers and enterprises.

We’re currently in the middle of a global pandemic and more people than ever are working from home and communicating with their loved ones remotely. Video calls have been vital for many during this period despite them often suffering from poor performance.

According to Nokia’s latest polling, 90 percent of consumers said that...

All three of Canada’s major carriers shun Huawei’s 5G equipment

Canada’s major carriers have shunned Huawei’s 5G equipment in favour of Western alternatives.

Bell Mobility confirmed on Tuesday that it will use Ericsson’s telecoms gear for its 5G network. The carrier also said back in February that it will use equipment from Finnish rival Nokia.

The other two major Canadian carriers, Telus Mobility and Rogers Wireless, have also opted to avoid Huawei’s 5G equipment.

In a matter of hours after Bell announced its...