European Commission (EU) has proposed to release 2.6 million euros to help ex-Nokia employees laid-off due to restructuring in Nokia Networks. The grant will come from European Globalisation Adjustment Fund (EFG). Nokia Networks slashed some 821 jobs blaming global competition. This fund will be used in re-skilling and start-up grants for
Tag: Nokia Networks
Nokia makes changes in its organization and Group Leadership Team
Nokia has today announced some changes in organization and Group Leadership. In organizational changes, Nokia's current Mobile Networks business group has been separated into two distinct, but closely linked, organizations: one focused on products and solutions, called Mobile Networks, and the other on services, called Global Services. Apart from this, the
Nokia & AT&T successfully conduct 5G streaming tests with DIRECTV
Nokia introduces worldwide IoT network grid as a service
Nokia updates its IMPACT IoT Platform to make IoT services deployment easy
Nokia has updated its IMPACT IoT Platform to enable service providers, enterprises and government agencies to easily deploy IoT services. This update brings new features to IMPACT platform including smart parking, smart lighting, Video Analytic and transportation/automotive. Read the full Press Release below. 31 January 2017 Espoo, Finland - Nokia today announced
Nokia launches the first Digital assistant “MIKA” for Telco operators
Nokia has launched the first digital assistant for Telco operators. The voice assistant is called MIKA which stands for 'Multi-purpose Intuitive Knowledge Assistant'. It aids engineers' efficiency by providing voice-activated access to information. This however is very innovative and again marks as a pioneering step by Nokia's Network arm. MIKA is
Nokia to acquire Deepfield to extend its leadership in network and service automation
Nokia is planning to acquire Deepfield, a US-based company with leadership in real-time analytics for IP network performance management and security. Nokia has been on an acquisition spree lately and this is just one of the the many coming in future. Provide below are some salient points related to this
Nokia & UAE collaborate for safe & sustainable drone operations in the country
Nokia's Public Safety solutions business has registered a major win. Nokia has entered into collaboration with United Arab Emirates General Civil Aviation Authority (GCAA) to enable safe & sustainable Drone operations in the country. The project will make UAE the first country to allow UAVs for commercial use. Salient Points: Nokia
Nokia’s outlook for 2017: Targets superior returns through growth, foray into consumer markets
Nokia has outlined its vision and strategic priorities and has also set key financial targets at the company's Capital Markets Day event in Barcelona. As per CEO Suri, Nokia is now bigger, stronger and more agile, bolstered especially by the acquisition of Alcatel-Lucent. "Nokia is extremely well-positioned to win in its primary
Nokia to use Withings & Networks’ Strength for Consumer Market push
CEO Rajeev Suri has revealed Nokia's latest Consumer market push. He was speaking at the 18th Nikkei Global Management Forum. Nokia plans to leverage strength of its Networks business and recently acquired Digital Health business Withings. Withings has a very strong portfolio of "connected Products". As per a report published in
Gartner names Nokia a Leader in Small Cell Equipment. IHS ranks it as top Small Cells Vendor
Nokia has received some well-deserved recognition from prestigious analytic firms Gartner and IHS. Gartner has named Nokia as a leader in Small cells technology, while IHS has recognized it as the number one small cells vendor. Read the Full Press Release below, Nokia has been recognized as a leader in small cells technology
Nokia acquires Eta Devices to boost its base station energy efficiency, integral part of 5G
Nokia has announced acquisition of Eta Devices, a US-based start-up specializing in power amplifier efficiency solutions for base stations, access points and devices. The acquisition will help Nokia in bolstering its push to enhance base station energy efficiency, which is an integral part of Nokia's 4.9G and 5G strategy. Read the
