0
General

Nokia looking at strategic options amid pressure on results - report

Thursday 27 February 2020 | 09:08 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
Nokia is exploring strategic options, including possible asset sales or mergers, as fierce competition weighs on its results, people familiar with the company's plans told Bloomberg. The company has hired advisers to weigh its options, which could also include shifting investments or balance-sheet adjustments. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Nokia
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Nokia shares jump after report of hostile takeover attempt

Published 17 Apr 2020 09:34 CET | World
Nokia declined to comment on a media report saying it was working with an investment bank to defend itself from a hostile ...

Nokia announces Lightspan MF-2 node, Beacon 6 Wi-Fi home gateway to support 5G

Published 03 Mar 2020 09:35 CET | World
Nokia has announced additions to its fibre access portfolio, namely the Lightspan MF-2 node to support 5G, and the Beacon 6 home ...

Nokia names Lundmark to replace Suri as CEO from September

Published 02 Mar 2020 09:27 CET | World
Nokia said it has appointed Pekka Lundmark as president and chief executive officer (CEO) to replace Rajeev Suri. Lundmark is ...

Nokia deploys 5G private wireless network for Lufthansa Technik virtual inspection trial

Published 27 Feb 2020 13:47 CET | Germany
Nokia and Lufthansa Technik, a provider of technical aircraft services, deployed a 5G industrial-grade private wireless network ...

Nokia improves profits on flat sales in Q4, targets improved cash flow in 2020

Published 06 Feb 2020 08:44 CET | World
Nokia reported a strong improvement in profits for the fourth quarter, despite flat revenues for the period. Profits were still ...

Nokia cuts outlook, drops dividend on tough competition in 5G market

Published 24 Oct 2019 08:46 CET | World
Nokia has cut its outlook for this year and next, citing tough competition in the early days of the 5G market. The company said ...

Nokia sales growth improves to 7% in Q2

Published 25 Jul 2019 08:21 CET | World
Nokia reported a better second quarter compared to Q1, with revenues up 7 percent and the operating loss reducing. The network ...

Nokia posts operating loss on weak Q1, still sees better H2

Published 25 Apr 2019 08:54 CET | World
Nokia reported a weak set of first-quarter results, moving back into the red as competition steps up for new 5G contracts. The ...





Calendar   /   Industry Events

22 Oct Nordic Entertainment Q3 2020
22 Oct Limelight Networks Q3 2020
22 Oct Intel Q3 2020
22 Oct Verimatrix Q3 2020
22 Oct Econocom Q3 2020
22 Oct AT&T Q3 2020
22 Oct STMicroelectronics Q3 2020
22 Oct VeriSign Q3 2020
22 Oct Rogers Q3 2020
23 Oct Doro Q3 2020
23 Oct Orange Belgium Q3 2020
23 Oct Airtel Africa H1 results
26 Oct Harmonic Q3 2020
26 Oct Alphabet Q3 2020
26 Oct Twilio Q3 2020
26 Oct CCW Europe 2020
27 Oct Akamai Technologies Q3 2020
27 Oct Microsoft fiscal Q1
27 Oct Megacable Q3 2020
27 Oct Telefonica Brasil Q3 2020
27 Oct A10 Networks Q3 2020
27 Oct Juniper Networks Q3 2020
27 Oct Siminn Q3 2020
27 Oct Sequans Communications Q3 2020
28 Oct Belden Q3 2020
28 Oct Extreme Networks fiscal Q1
28 Oct ZTE Q3 2020
28 Oct 8x8 fiscal Q2
28 Oct Ooredoo Q3 2020
28 Oct Telecoms World Asia 2020
::: More Calendar Items