3.1000 0.00 (0.00%)
After hours: 4:04PM EDT
|Bid||3.0800 x 38500|
|Ask||3.0900 x 29200|
|Day's range||3.0650 - 3.1909|
|52-week range||2.3400 - 5.9600|
|Beta (5Y monthly)||0.01|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.22 (7.35%)|
|Ex-dividend date||28 Jul 2019|
|1y target est||4.82|
European Union antitrust regulators have asked Daimler , Continental and other car parts makers for details of failed mediation talks with Nokia in a patent licensing fee dispute. Daimler, Continental, Bury Technologies, Valeo and Thales-owned Gemalto complained to the European Commission last year about the fees Finland's Nokia was demanding for patents related to car communications.
Nokia (NOK) acquires Elenion to boost economies of optical connectivity solutions and accelerate the scale of its advanced networking applications in the global arena.
(Bloomberg) -- With so many workers videoconferencing from home -- while their children stream videos and play Fortnite -- the internet is creaking at the seams, according to Nokia Oyj.The junctions between different internet networks are close to being overwhelmed, the Finnish telecom equipment company said in a weekly report seen by Bloomberg News.“Globally, service providers are starting to see the increased strain and are approaching the capacity on some peering links and edge routers,” Nokia said.But don’t panic yet: Operators can sidestep major jams and outages by rapidly upgrading equipment and adding components at these bottlenecks, according to the company, which likened it to a supermarket hiring more cashiers for busy times.“They can add more capacity, which is easily done,” Nokia said. “Networks are handling traffic well -- so far.”Nokia’s analytics service, dubbed Deepfield, also found a 300% surge in remote-conferencing programs like Zoom and Skype in the U.S. compared with the previous week. Video games, meanwhile, soared 400%.Netflix Inc.’s decision last week to cap its video quality has eased a lot of pressure. The Los Gatos, California-based company accounts for a big chunk of downstream internet traffic in the U.S. and other countries. But its total data flow on March 21 was a third lower than the week before, even while the number of individual streams had increased 6%.Telecom giant Vodafone Group Plc bulked up its U.K. networks’ capacity earlier this month to “minimize congestion at particularly busy aggregation points,” said the head of its U.K. business, Nick Jeffery. Rival carrier BT Group Plc describes its backbone network, which underpins most of Britain’s home connections, as “petabit class,” and its engineers say it can also add capacity quickly.(Updates with additional context from BT and Vodafone at end)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
While AT&T (T) withdraws plans to repurchase stock worth $4 billion due to coronavirus, Verizon (VZ) is collaborating with first responders to provide seamless network connectivity.
Nokia (NOK) collaborates with Sprint to achieve a record-breaking deployment of 5G network technology through a software upgrade over Nokia's much-acclaimed AirScale solution.
While Verizon Communications (VZ) has raised its capital expenditure guidance for 2020, United States Cellular Corporation (USM) has secured the FCC Special Temporary Authority to use additional spectrum during the virus outbreak.
Nokia (NOK) boosts its much-acclaimed managed services platform, Worldwide IoT Network Grid, with the addition of advanced MEC and 5G capabilities for seamless network connectivity.
Nokia said in December it planned to appoint its former networks chief, Baldauf, 64, as chairman, to lead Nokia's fight against rivals in 5G Huawei and Ericsson. Baldauf's appointment requires the approval of shareholders, but this week Finland started to close its borders and banned larger public gatherings as it tries to slow the spread of coronavirus. Nokia said it would convene the annual general meeting as soon as it is practical to do so and called for measures to allow fully virtual general meetings.
While AT&T (T) provides an update on the probable impact of the coronavirus outbreak on its performance, Nokia (NOK) teams up with Marvell Technology to develop a customized 5G radio access SoC.
Nokia (NOK) collaborates with the Irish Aviation Authority to deploy next-gen air traffic control network in North Atlantic airspace for seamless development of mission-critical applications.
Nokia (NOK) focuses on developing 5G portfolio, strengthening AirScale and further advancing the capabilities of its ReefShark chipset.
Nokia is continuing its own investigation, and cooperating with the authorities, over compliance issues at its Alcatel-Lucent business, the Finnish firm said in its annual report to the U.S. Securities and Exchange Commission. The telecoms network equipment maker flagged the investigation a year ago in its 2018 annual report, news which hit its shares in March 2019. Nokia did not unveil details, but said the risks were limited.
Finnish telecoms equipment maker Nokia drew a 500 million euro ($561 million) loan last month to help it to accelerate development of 5G technology, its annual report shows. Nokia said that its R&D loan facility with the European Investment Bank (EIB), which has an average maturity of about five years after disbursement, was agreed in August 2018 and available until last month. The company's finances have been in focus since it halted dividend payments in late 2019 and said it would need to invest more than previously expected in development of its 5G equipment.
Nokia (NOK) collaborates with Marvell Technology to design and develop customized 5G radio access system-on-chips with its ReefShark technology.
Nokia has struggled with slower-than-expected development of its Reefshark system on chips (SoC), which allow a single chip to carry an entire computer system, enabling Nokia to produce equipment more cheaply. "The two companies are developing a new generation of custom system on chip (SoC) and infrastructure processors combining Nokia's differentiated wireless technology with Marvell's industry-leading, multi-core ARM processor platforms," Nokia said.
Amid intense competition and delayed 5G rollouts, Nokia's (NOK) recent management reshuffling and decision to adopt certain strategic options are likely to improve its performance in the near term.