Page 2 - Latest Updates on Nokia
Airtel, Nokia, MediaTek achieve 300 Mbps upload speed on 5G during trial
The trial comprised the combined use of a set of mid-band spectrums, utilising the latest generation chipset
 "Airtel, Nokia, MediaTek achieve 300 Mbps upload speed on 5G during trial")
TN inks Rs 900 cr deals with Microchip, Nokia, PayPal on Stalin's US visit
Tamil Nadu Chief Minister M K Stalin signed agreements with multiple global companies during their visit to the US, part of the state's vision to become a $1 trillion economy by 2030
 "TN inks Rs 900 cr deals with Microchip, Nokia, PayPal on Stalin's US visit")
Nokia to set up world's largest fixed network testbed in Chennai
The centre, involving an investment of about Rs 450 crore, will be one of Nokia's largest research and development (R&D) laboratories (labs)
 "Nokia to set up world's largest fixed network testbed in Chennai")
Nokia mobile networks assets said to draw Samsung's preliminary interest
The Finnish company has been having discussions with advisers about potential options for its mobile networks business, which has struggled for years to compete with larger rivals like Huawei
 "Nokia mobile networks assets said to draw Samsung's preliminary interest")
Nokia joins hands with Axiom space for Nasa's human mission to moon
The Artemis-III mission is likely to be launched in 2026 and Nokia plans to build the first cellular network on the moon, which would be in-built in the space suits used by astronauts
 "Nokia joins hands with Axiom space for Nasa's human mission to moon")
Vodafone Idea plans to clear Rs 1,500 cr debt to Nokia by December 2025
Vodafone Idea (Vi) recently issued 1,027 million equity shares to Nokia through a preferential issue, thereby settling around half of its debt to the network solutions provider
 "Vodafone Idea plans to clear Rs 1,500 cr debt to Nokia by December 2025")
Nokia achieves 5G download speed of 1.2 Gbps during trial with Airtel
The download speed was achieved during the first 5G non-standalone (NSA) Cloud radio access network (RAN) trial with Bharti Airtel (Airtel) in India
 "Nokia achieves 5G download speed of 1.2 Gbps during trial with Airtel")
Nokia reports double-digit Q2 profit drop, expects better second half
The company reported a net profit of 328 million euros ($ 359 million) for the April-June period, down 20 per cent from 409 million euros ($ 447 million) a year earlier
Vi shareholders okay Rs 2,458 cr preferential issue to Nokia, Ericsson
Offering stake to its vendors will allow Vi to partially clear outstanding dues
Tech wrap Jun 25: Motorola Razr 50 series, iOS 18 dev beta 2, Nokia phones
Motorola has unveiled the Razr 50 and Razr 50 Ultra. Apple rolls out iOS 18 developer beta 2 to eligible iPhones. Nokia launches three feature phones with built-in YouTube, YouTube Music, UPI apps
 "Tech wrap Jun 25: Motorola Razr 50 series, iOS 18 dev beta 2, Nokia phones")
HMD launches Nokia feature phones with built-in YouTube, YouTube Music, UPI
The Nokia 3210, Nokia 220 4G, and Nokia 235 4G will be available online on HMD website and e-commerce platform Amazon India, and offline at select retail stores
 "HMD launches Nokia feature phones with built-in YouTube, YouTube Music, UPI")
Vodafone Idea eyes share issue to Nokia, Ericsson for debt settlement
Vi disclosed plans to raise up to Rs 2,458 crore through a preferential share allocation to Nokia and Ericsson, aimed at clearing a portion of their pending dues
 "Vodafone Idea eyes share issue to Nokia, Ericsson for debt settlement")
Vodafone Idea to offer Rs 2,458 crore stake to Nokia and Ericsson
To offer shares in lieu of dues; shareholders to decide on preferential issue on July 10
 "Vodafone Idea to offer Rs 2,458 crore stake to Nokia and Ericsson")
Nokia, Ericsson to pick Rs 2,458 cr stake in Vodafone Idea in lieu of dues
Nokia and Ericsson will participate for up to Rs 1,520 crore and Rs 938 crore respectively, subject to approval by VIL shareholders at the EGM to be held on July 10, 2024, the telco said in a release
Nokia CEO Pekka Lundmark makes world's first 'immersive' phone call
Nokia made the call using a regular smartphone over a public 5G network
 "Nokia CEO Pekka Lundmark makes world's first 'immersive' phone call")
Nokia, Gati Shakti Vishwavidyalaya ink pact to partner on 5G, 6G research
The MoU (Memorandum of Understanding) was signed at Rail Bhawan, New Delhi, in the presence of railway minister Ashwini Vaishnaw, who is also the Chancellor of Gati Shakti Vishwavidyalaya
Vi steps up talks with Nokia, Ericsson to accelerate 4G network enhancement
Vodafone Idea intends to allocate Rs 13,000 crore for capital expenditures, with over half of it earmarked for expanding its 4G infrastructure
 "Vi steps up talks with Nokia, Ericsson to accelerate 4G network enhancement")
Wipro bags AI deal to transform Nokia's digital workplace services
Wipro said its team will build a "bespoke" artificial intelligence-powered, cloud-based solution for Nokia's workforce of around 86,700 users globally in 130 countries of operations
 "Wipro bags AI deal to transform Nokia's digital workplace services")
Nokia India posts 69% decline in sales at Rs 2,360 cr in March quarter
Nokia's overall net sales fell 20 per cent to 4.6 billion euros during the reported quarter from 5.85 billion a year ago
Nokia posts stronger H2 after Q1 comparable profit grows less than expected
CEO Pekka Lundmark said an improvement in order intake seen late last year continued in the first quarter despite a persistent challenging business environment
