- The Wall Street Journal•12 days ago
Ericsson, one of the world’s largest makers of telecom equipment, issued a profit warning that sent its share price tumbling and laid bare how the rise of Asian rivals has wounded Western suppliers.
- Reuters•12 days ago
Nokia's Alcatel Submarine Networks (ASN) said on Wednesday it set a new record for cable transmission capacity for communications traffic - doubling its previous levels - as the company responds to a pick-up in demand from Internet firms. The top supplier of undersea cable networks said that with the company's research arm, Nokia Bell Labs, it had demonstrated in lab tests a 65 terabit-per-second transmission using dual-band fibre amplifiers - the equivalent of streaming 10 million high-definition TV channels simultaneously.
- Market Realist•27 days ago
In May 2016, Nokia (NOK) crossed the 95% “squeeze out threshold.” The firm has since acquired Alcatel-Lucent (ALU) shares in private transactions .