Nokia’s acquisition of Alcatel-Lucent approved by European Commission
Nokia is now one step closer to acquire Alcatel-Lucent, as European Commission has provided its approval for the deal. Nokia is acquiring Alcatel-Lucent to create what it terms as an “Innovation Leader”. Nokia will pay EUR 15.6 billion through a public exchange offer in...
Nokia Networks to acquire Eden Rock to enhance its SON portfolio
Nokia lately is on an acquisition spree it seems. After announcing acquisition of Alcatel Lucent some days ago, Nokia Networks has yesterday announced acquisition of Eden Rock. Nokia has not made terms of the deal clear but it certainly wants to strengthen its presence...
Update: Nokia & Alcatel confirm they are in advanced discussions stage of a potential deal
Update:
Nokia has just sent a press note confirming discussions with Alcatel and plans of public exchange offer by Nokia for Alcatel-Lucent. Statement regarding Nokia/Alcatel-Lucent media speculation
In relation to recent media speculation Nokia and Alcatel-Lucent confirm that they are in advanced discussions with respect to a...
Nokia’s strong Q4 2014 results. Nokia N1’s remarkable reception. Networks (8%), HERE (15%) & Technologies (23%) all see growth & report profit
Nokia has posted its results for Q4 and full year 2014. All three Nokia businesses have seen growth YoY and have reported positive contribution to the earnings. Here are the highlights, 454 million EUR operating profit ( 524 Operating profit (non-IFRS) )
Networks reported operating profit...
Acacia Research gets more patents from Nokia in a new agreement
Acacia Research, a technology licensing company has acquired more patents from Nokia in the field of Networking. This agreement is understood to help Acacia in strengthening its presence in technology licesing with some top 2G/3G/LTE and LTE-Advance patent portfolio. The payment terms of this...
Nokia talks about revolutionizing you voice call in a new video
Nokia may not be manufacturing cellular voice calling devices for the time being (though that is gonna change with possible cellular-data enabled future Nokia Tablets or Nokia-branded Android smartphones after Q4 2016), but it is still powering or rather revolutionizing the way we use...
40% more smartphone battery life, 20% faster browsing, thanks to a Nokia innovation
A Nokia innovation, which has been tested and verified with Qualcomm's Snapdragon processors can reduce smartphone power consumption by 40%, while making browsing faster by 20%. Though, it is not something you can achieve by yourself, but your network operator may be able to...
Nokia beats market expectations, appoints new head for HERE & provides a improved positive outlook
Nokia has appointed Sean Fernback as President of HERE, Nokia's mapping and location intelligence business, and as a member of the Group Leadership team, with effect from November 1, 2014. This comes in wake of HERE CEO, Michael Halbherr stepping down on September 1,...
Nokia’s strong Q3: Net Sales up by 13.7%, Networks (13%), HERE (12%), Tech (9%) all register growth
Nokia has posted some strong Q3, 2014 results today. Net sales is up at EUR 3.3 billion (13.7% growth) as compared to Q3, 2013 (2.9 Billion EUR). Networks and HERE have registered double digit growth while Nokia Technologies is up by 9% Year-on-Year. Highlights:
Net...
Gartner places Nokia Networks in “Leaders” quadrant of the “Magic Quadrant for Small Cell Equipment
Nokia Networks has been placed by reputed analyst firm Gartner in the "Leaders" quadrant of their “Magic Quadrant for Small Cell Equipment”. Gartner evaluates vendors on completeness of vision and ability to execute. This is what Gartner has to say about Nokia Networks' standing...
Nokia Networks inks $970 million deal with China Mobile
Nokia Networks has recently received People’s Republic of China Friendship Award” and now it has been followed by a big $970 million deal with China Mobile. Nokia Networks and China Mobile today announced a framework agreement for mobile communication equipment and services valued at...
HERE gets BMW Supplier Innovation Award. Nokia Networks gets People’s Republic of China Friendship Award
Two of the Nokia businesses have been recognized with awards recently!! HERE has received BMW supplier innovation award while Nokia Networks got "People's Republic of China Friendship Award". Great to see Nokia businesses excelling in their fields!! BMW award: HERE, a leader in location and mapping,...