48.17 +0.06 (0.13%)
After hours: 4:11PM EST
|Bid||46.30 x 1800|
|Ask||50.00 x 800|
|Day's Range||47.92 - 48.48|
|52 Week Range||43.25 - 53.23|
|Beta (3Y Monthly)||0.75|
|PE Ratio (TTM)||11.06|
|Forward Dividend & Yield||2.17 (4.40%)|
|1y Target Est||N/A|
Nokia (NOK) has recently signed 5G-related (fifth-generation) contracts worth ~$2.3 billion with China Mobile (CHL), China Unicom (CHU), and China Telecom. The contracts call for Nokia to supply equipment and provide services to help these operators improve their network speed, capacity, and reliability as they prepare for the rollout of 5G services. For China Mobile in particular, the latest contract marks an expansion of its relationship with Nokia.
China is so interested in 5G (fifth-generation) technology that the country reportedly explored combining two of its top operators to try to speed up 5G development and gain an advantage against the United States and Europe in the 5G race. In Europe, telecommunications equipment vendors and network operators have warned authorities there that the region risks falling behind China in the 5G race if the connected vehicle regulations being worked on end up favoring Wi-Fi technology over cellular connectivity in vehicles. In the United States, T-Mobile (TMUS) has also talked about the risk of the country losing the 5G race to China if its proposal to combine with its rival Sprint (S) is rejected by regulators.
Nokia signed three deals worth more than €2 billion to supply technology and services across China as operators transition toward fifth-generation networks.
Nov 7 (Reuters) - Nokia Oyj: * NOKIA SIGNS FRAME AGREEMENTS WORTH MORE THAN EUR 2 BILLION WITH THREE CHINESE OPERATORS * CONTRACTS SIGNED WITH CHINA MOBILE, CHINA TELECOM AND CHINA UNICOM AT CHINA INTERNATIONAL ...
Nokia (NOK) recently unveiled a new cost-savings plan that could result in an ~$800.0 million reduction in its annual costs by 2020. To achieve this new cost-cutting goal, Nokia intends to shrink its workforce and reduce its research and development spending on certain products. In 2016, Nokia set out to save ~$1.4 billion in annual costs by the end of 2018.
Oct 25 (Reuters) - China U-Ton Holdings Ltd: * UPDATES ON APPLICATIONS FOR ARBITRATION TO SHIJIAZHUANG ARBITRATION COMMISSION AGAINST CHINA MOBILE HEBEI BY UNIT * AS CHINA MOBILE HEBEI FAILED TO FULFILL ...
Oct 22 (Reuters) - China Mobile Ltd: * 9-MONTH OPERATING REVENUE WAS RMB567.7 BILLION, DOWN BY 0.3% * 9-MNTH PROFIT ATTRIBUTABLE RMB95.0 BILLION, UP 3.1% * ARPU OF MOBILE CUSTOMERS STANDING AT RMB55.7 ...
How far off is China Mobile Limited (HKG:941) from its intrinsic value? Using the most recent financial data, I am going to take a look at whether the stock is Read More...
Oct 17 (Reuters) - Jiangsu Zhongtian Technology Co Ltd : * SAYS UNIT WINS CHINA MOBILE'S BID FOR ABOUT 120 MILLION YUAN ($17.33 million) Source text in Chinese: https://bit.ly/2RY4ozZ Further company coverage: ...
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...
Investing.com - China Mobile Ltd (HK:0941) is currently undergoing antitrust probe by China’s State Administration for Market Regulation over "market domination", Hong Kong Economic Times reported citing sources from the Capitol Forum. The news pulled its ADR shares down by 1.4% overnight.
Overall, communication services valuations have rebounded recently, with a market-cap-weighted price/fair value of 0.87, up from 0.82 the quarter before. The sector still trades at the widest discount to fair value within Morningstar's coverage. In the U.S., all eyes are on the Federal Communications Commission as it evaluates the T-Mobile-Sprint merger.
Sept 26 (Reuters) - China U-Ton Holdings Ltd: * REFERS TO UNIT'S APPLICATION FOR ARBITRATION TO THE SHIJIAZHUANG ARBITRATION COMMISSION AGAINST CHINA MOBILE GROUP HEBEI CO * CLARIFY THAT TOTAL SUM FOR ...
In this special report on China, we will introduce investors to the latest developments in the nation's economy, business climate, international activity, military power, and cultural influence. First, let's get you reacquainted with the Red Dragon of the East.
QUALCOMM's (QCOM) advance technologies and high-performing automobile solutions are likely to transform the landscape of connected vehicles in China.
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Sept 12 (Reuters) - Trigiant Group Ltd: * ANNOUNCES SUCCESSFUL BID FOR COMMUNICATION POWER CABLE CONTRACT WITH CHINA MOBILE COMMUNICATION COMPANY LIMITED * CONTRACT FOR ABOUT RMB582.2 MILLION (TAX INCLUSIVE) ...