• The Wall Street Journal12 days ago

    [$$] Ericsson Shares Plunge on Profit Warning

    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.

  • Reuters12 days ago

    Nokia sets new record for submarine cable capacity as demand jumps

    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 Realist27 days ago

    When Will Nokia Complete Its Alcatel Acquisition?

    In May 2016, Nokia (NOK) crossed the 95% “squeeze out threshold.” The firm has since acquired Alcatel-Lucent (ALU) shares in private transactions .