Business

Nokia sees 'challenging' 2024 after profits plunge

Finnish telecommunications equipment maker Nokia warned Thursday that it expects another tough economic environment in the first half of this year after its net profit sank in 2023.

Internet

Connecting rural African communities one bus at a time

In urban African communities, communication infrastructure has made it possible for people to share information quickly and easily. However, the same cannot be said for rural areas where there are tight resource constraints ...

Business

Ericsson and Nokia feel squeeze of interest rates hikes

Interest rate hikes are forcing mobile operators to scale back investment in 5G networks, with equipment manufacturer Ericsson reporting Friday a rare net quarterly loss and Nokia lowering its outlook.

Nokia 2Q profit beats expectations on strong 5G demand

Wireless and fixed-network equipment maker Nokia on Thursday reported a second-quarter profit above analyst expectations on strong demand for 5G technology from phone operators and improved competitiveness of its main business ...

Business

Chinese firms push 5G credentials despite US ban

On a stage reserved for the biggest players in the global telecoms industry, three Chinese firms took their place alongside three Western companies—and pushed the message that they wanted to "work together".

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