|Bid||5.170 x 0|
|Ask||5.172 x 0|
|Day's range||5.160 - 5.240|
|52-week range||3.810 - 5.895|
|PE ratio (TTM)||N/A|
|Earnings date||26 Jul 2018|
|Forward dividend & yield||0.19 (3.58%)|
|1y target est||5.35|
Nokia today published its annual sustainability report, covering the company`s sustainability performance in 2017 and focusing on four priority areas: improving people`s lives with technology, protecting the environment, conducting our business with integrity, and respecting our people. The People & Planet report is prepared in accordance with the Global Reporting Initiative GRI Standards, and it is also compliant with the advanced level of the UN Global Compact. Furthermore, selected key sustainability indicators have been assured by an independent auditor.
HMD Global, the Finnish company that owns the right to use the Nokia brand on phones, has raised $100 million of funding intended to boost growth, it said on Monday. Having sold about 70 million Nokia phones and generated sales of 1.8 billion euros (1.6 billion pounds) in its first year, 2017, HMD said it plans to expand its Nokia smartphone range and to double sales channels in key markets this year. The fundraising round was led by Ginko Ventures, a fund owned by Jean-Francois Baril, a long-serving former senior vice president at Nokia.
HMD Global, the Finnish company that owns the right to use the Nokia brand on phones, has raised $100 million of funding intended to boost growth, it said on Monday. Having sold about 70 million Nokia phones and generated sales of 1.8 billion euros ($2.1 billion) in its first year, 2017, HMD said it plans to expand its Nokia smartphone range and to double sales channels in key markets this year. The fundraising round was led by Ginko Ventures, a fund owned by Jean-Francois Baril, a long-serving former senior vice president at Nokia.
Nokia Corporation Managers` transactions May 18, 2018 at 13:00 (CET +1) Nokia Corporation - Managers` transactions Transaction notification under Article 19 of EU Market Abuse Regulation. The transaction ...
Earlier this year Nokia showed off a number of new handsets at Mobile World Congress. Alongside the new Nokia 6, Nokia 7 Plus and Nokia 8 Sirocco, Pekka Rantala (HMD Global’s CMO) noted that there would be updates to the Nokia 5, Nokia 3, and Nokia 2 handsets for this year. Now it looks like we have our first tiny sighting of this year’s Nokia 3 in the wild.
Press Release Advanced Command Center helps transition from voice-based to broadband data-centric emergency response The solution improves emergency response by utilizing video communications, IoT, analytics ...
Nokia today announced the appointment of Sri Reddy, an experienced leader in Nokia`s ION business group, as co-president of Nokia IP/Optical Networks business group and as member of the Group Leadership Team (GLT), with immediate effect. Current President of ION business group, Basil Alwan, will continue as a GLT member, co-president of the ION business group and an advisor to the CEO.
By Helen Reid LONDON (Reuters) - Weak financial stocks weighed on European shares on Monday after a strong run of weekly gains, while dealmaking livened up trading with Portugal's EDP and Britain's IWG ...
Weak financial stocks weighed on European shares on Monday after a strong run of weekly gains, while dealmaking livened up trading with Portugal's EDP and Britain's IWG both jumping on takeover offers. ...
Nokia has been posting relatively mixed results over the last few years, amid intense competition from Chinese rivals and weaker spending by wireless carriers, who have seen their deployments of 4G mobile broadband equipment peak off. Nokia expects to see the market for telecom equipment recover, as commercial roll-outs of 5G networks begin in North America later this year, with other regions including South Korea, China, Japan and the Middle East commencing build outs from 2019. While analysts remain skeptical if 5G spending will reach levels seen at the peak of the 4G deployments in 2015, as the use cases and business cases for the technology still need to be ironed out, the investment cycle will nevertheless help Nokia’s networking division return to growth over the next two years.
Concerns over the implications of the fresh restrictions issued by the U.S. government against Chinese telecom companies continue to haunt the industry.
ZTE Corp's main business operations have ceased due to a ban imposed by the U.S. government, but China's second biggest telecom equipment maker is trying to have the ban modified or reversed, it said on Wednesday. ZTE was hit by a ban last month from Washington, forbidding U.S. firms from supplying it with components and technology after it was found to have violated U.S. export restrictions by illegally shipping goods to Iran. "As a result of the Denial Order, the major operating activities of the company have ceased," ZTE said in the exchange filings late on Wednesday.
Nokia (NOK) acquires SpaceTime Insight to accelerate vertical application development and boost IoT business. The buyout is likely to enhance the company's top-line growth.
Major milestone to prepare SFR for widespread 5G implementation conducted at Nokia Paris-Saclay campus in France Over-the-air test of 3GPP-compliant 5G New Radio using 3.5 GHz frequency band continues ...
SpaceTime supplies monitoring and analytics applications to customers in the energy, logistics, transportation and utilities sectors to run operations more cost effectively by reducing service outages and the need to send out repair trucks. Among the more than two dozen major customers of SpaceTime, a decade-old Silicon Valley-based company, are FedEx, No. 2 U.S. rail operator Union Pacific, U.S. electric utilities Entergy and NextEra Energy and Singapore Power, Nokia said. SpaceTime Insight and Rob Schilling, its chief executive, will join the Internet of Things (IoT) product unit within the Nokia Software business group.
Nokia said on Monday it has acquired software maker SpaceTime Insight, which industrial customers use to manage millions of devices and assets across their networks, marking the equipment supplier's latest ...
SpaceTime Insight`s advanced IoT and machine learning-powered analytics technologies to accelerate the development of Nokia`s IoT offerings Deal expands reach of Nokia`s high-value IoT applications into ...
Telefónica extends its existing SD-WAN infrastructure to include software-defined data centers (SDDC) - modernizes datacenter network architecture for massive scale, agility and efficiency. Mountain View, California - Nokia and its venture focused on software-defined networking (SDN), Nuage Networks, are partnering with Telefónica Spain to build an open, elastic and highly secure data center network infrastructure, dramatically expanding the agility, scale and efficiency of its cloud-based services.
Nokia Corporation Managers` transactions May 2, 2018 at 14:00 (CET +1) Nokia Corporation - Managers` transactions Transaction notification under Article 19 of EU Market Abuse Regulation. ____________________________________________ ...
Nokia today announced plans to sell its Digital Health business to Éric Carreel, co-founder and former chairman of Withings. Nokia announced a review of strategic options for the Digital Health business in February 2018.
Nokia Oyj was the world’s dominant mobile-phone maker until it suffered a humiliating collapse after underestimating the appeal of smartphones made by Apple Inc. and others. Now, Nokia looks to have made a similar miscalculation on smartwatches. Nokia announced plans Wednesday to sell off a digital-health business it acquired just two years ago to capitalize on the popularity of wearable fitness trackers such as those made by Fitbit Inc. Since then, however, makers of the gadgets have struggled as competitors such as Apple introduce similar features on their smartwatches.
Nokia said it plans to sell its small digital health business, including activity trackers and smartwatches, to a co-founder of the venture. Digital health was one of the areas Nokia had been counting on for future growth opportunities amid a tough market for its mainstay telecom network equipment business. On Wednesday the Finnish company said it had entered into exclusive negotiations with Eric Carreel, co-founder and former chairman of the digital health business, Withings, a French company Nokia bought in 2016 as its first move into the market.