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Telecom equipment maker News

Telecom equipment maker

17 Jul 2015

Ericsson Q2 profit beats forecasts as Networks margin shines

Mobile telecom equipment maker Ericsson said its North American mobile broadband business had stabilised as its posted second-quarter sales and operating profit above market expectations on Friday, boosted by its Networks business.

08 May 2015

Nokia inks IT infra deal with HP, Microsoft and Telefonica

As part of the partnership, HP will provide an array of IT services, while Microsoft will be the key enabler for transferring the IT services.

10 Feb 2015

India is a strategic market for Nokia: Rajeev Suri

India, which accounts for the largest employee base for Nokia, is a "strategic" market for the telecom equipment maker, its India-born President and CEO Rajeev Suri said on Tuesday.

14 Nov 2014

Nokia lifts long-term profitability target

Nokia sold its struggling handset business in April to Microsoft in a 5.6 billion euros ($7 billion) deal that transformed it into an almost pure play network equipment maker.

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