Mexico s Megacable, Nokia Announce Successful Data Transmission Test in Connectivity Plan usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Ericsson 5G: Nokia has reported a 33% year-over-year fall (30% decline in constant currency) in net sales to 379 million euros in India in Q4 2023. Likewise, its Swedish rival Ericsson this week reported a 40% sequential fall in India sales in the December quarter amid a scaling back of network investments by the country s top telcos after a period of fast-paced 5G network rollouts.
Nokia to cut up to 14,000 jobs as US demand shrinks inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.
Nokia 5G: Pekka Lundmark, President and CEO, of Nokia, said in the report that the company’s net sales in Mobile Networks declined 19% year-over-year as “we saw some moderation in the pace of 5G deployment in India which meant the growth there was no longer enough to offset the slowdown in North America”.