Tuesday, 03 September 2013
Microsoft said it has reached an agreement to acquire the handset and
services business of Nokia for more than $7.1 billion, in an effort to
transform Microsoft’s business for a mobile era that has largely passed
Monday, 02 September 2013
Telecoms giant Ericsson is to invest Skr7 billion in three new so-called data centres of which two will be based in Sweden
Wednesday, 17 July 2013
The scandal surrounding TeliaSonera's business in Uzbekistan has led to
major changes in its management but the stigma of corruption and
bribery does not seem to had scared off subscribers. The company posted
profit before tax of Skr5.519 million for the second quarter
Tuesday, 25 June 2013
Ericsson has received an order for a "major" network expansion from Azercell in Azerbaijan. The agreement covers 2G and 3G.
Friday, 26 April 2013
telecoms operator Telenor 's underlying EBITDA earnings for the first
quarter of 2013 was Nkr8.423 million against Nkr 7761 million same
times last year in the first quarter of 2013.
Wednesday, 24 April 2013
reported a pre-tax profit of Skr2.1 billion for the first quarter of
this year. It's a real fall when compared to the same period last year
and worse than expected.
Thursday, 18 April 2013
phone manufacturer, Nokia today announced its results for the first
quarter and it's showed an improved performance evidenced in the
reduction of looses.
Tuesday, 12 March 2013
mobile phone giant, Nokia is determined to be on top of the telephony
game. Despite all what the company has pass through, such as the lost
of market share and the collapse of stock market prices, as well as
competitors zooming pass by, Stephen Elop, its CEO is sure that they
will make it to the top where they belong.
Thursday, 31 January 2013
businesses in areas with high human rights abuse such as the ongoing
investigation into corruption with businesses in Uzbekistan, which
attracts billions to their coffers and which makes it possible to pay
their shareholders big dividends, common workers in the company will
pay a heavy price - retrenchment.
Thursday, 31 January 2013
giant, Ericsson reported an enhanced profitability and delivered what
has been considered as growth. Though with declining sales, the company
saw increase fourth quarter sales by 5 percent to Skr66.9 billion.
Tuesday, 08 January 2013
the telecom giant owned by the Swedish and Finnish governments has been
going through a period of bad press in recent. The background to this
has to do with the poor management and strategic practises carried out
by the company, in association with its supposed investment in
Tuesday, 20 November 2012
expanding its business in Iran. Two mobile phone operators have been
promised continued cooperation with the Swedish company, an internal
document seen by Reuters confirms.
Sunday, 18 November 2012
months after the Lumia 900's launch, Nokia is giving it another go with
a new phone called the Lumia 920, mostly in the USA in which AT&T
sells for $100 with a two-year contract.
Despite a few
hardware upgrades like a sharper screen, wireless charging, and very
capable camera, the Lumia 920 feels like Nokia took three baby steps
forward but one gigantic leap backward. Read more from Business Insider
Thursday, 15 November 2012
telecommunications operator, Megafon, where TeliaSonera is a part
owner, has set price band for its IPO shares to range between 20 - 25
Tuesday, 06 November 2012
and Network equipment vendor Ericsson AB reported on Tuesday that it
expects the total network equipment market to grow at a compound annual
growth rate of 3 to 5 percent a year between 2012 and 2015.
Sunday, 04 November 2012
about TeliaSonera's business show how money was transferred to a
Gibraltar Company, Takilant Ltd, an equivalent of over Skr2.2 billion,
for which the company never had the 3G license that TeliaSonera claims
to have bought.
Thursday, 11 October 2012
The Swedish -
Finnish state owned telecom giant, Telia Sonera's business in Nepal is
increasingly becoming another trouble sport for the company. The
question asked now is how ethical has the company been performing there
when more allegation of corrupt dealing emerged recently.
considering selling its headquarters in Keilaniemi in Espoo near
Helsinki, Finish media report.
telecoms company, Tele2 AB (Tele2), (NASDAQ OMX Stockholm: TEL2 A and
TEL2 B) today announced that its Kazakh operations has reached 3
million customers in total.
There are two
clear winners in the patent battle between technology giants Samsung
and Apple. This has made Microsoft and Nokia to sneak some gains. Nokia
shares earlier on Monday increased 10 percent on Monday, and as the day
moved on that growth continued beating the doubled lows in July.
recently amassed the rest of Ericsson in their former Sony Ericsson
consortium, is now laying off about 650 people in Lund, the company
finally announced in a press release.
(NOK1V), burning cash as it struggles to revive its smartphone
business, is winning time for the recovery effort by gaining more
customers for another product: basic mobile phones it sells for $39.
It now looks
like the employees of Sony in Lund, Sweden are on the way of loosing
Monday, 16 July
manufacturer Nokia has lost its position as a trusted firm for equity
funds. Nokia’s percentage in Finnish investment funds has dropped to a
record low as professional investors have lost their faith in the
company and sold their shares.