Advertisement Opportunities | About Us | Contact Us | Tell us what you think | Jobs | Shopping | Scandinavian Dating | Archive

Scandinavian Companies and Market

WeatherForecast




Companies News / Telecoms





The Market Quotes Powered By Forexpros, the Forex, Futures, and Stock Markets Portal.


Business Videos





ForexProsThe Leading Stocks Quotes Powered by Forexpros - The Leading Financial Portal.








Record profits for Samsung as it dominates Nokia

Friday, 27 April 2012
Samsung reported a record operating profit for the first quarter of this year, 5.85 billion dollars, almost doubling over the same quarter 2011.

Swedish telecom company, Tele 2 notifies its own customer service to the police


Ericsson received an order from China


Chinese Huawei threatens Ericsson with price pressure as Ericsson tend to focus on crowded developed markets


Nokia Lumia sells more than expected in the U.S. but the launch of the new Nokia still keep investors worried.


Swedish Telecom giant, Ericsson sued Skr2 billion





Sony let 1000 workers to go from its operations in Lund, Sweden

Thursday, 23 August 2012
Sony which 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.

Nokia’s $39 Phone Rebound Wins More Time For Comeback Bid

Wednesday, 22 August 2012
Nokia Oyj (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.

Over 1000 Sony Jobs in Lund, Southern Sweden threatened

Wednesday, 22 August 2012
It now looks like the employees of Sony in Lund, Sweden are on the way of loosing their jobs.

More bad news for Nokia as Finnish equity funds lose faith in the mobile phone maker

Monday, 16 July 2012
Mobile phone 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.

Nokia slashed price of the Lumia phones in half in the USA as window 8 upgrade rebuff kills sentiment

Monday, 16 July 2012
Nokia has cut the price of its Lumia 900 phones in the USA  after it was confirmed that there will be no upgrade path to Windows Phone 8 for the handset.

Rumour that Nokia could be leaving Finland countered by CEO Elop

Thursday, 14 June 2012
There has been persistent rumour that Nokia could be wiped out of Finland. But the company's CEO, Stephen Elop says that most important product development work and headquarters will remain in the country.

Nokia to announce spectacular job cuts in Finland as the company continues to bleed. 3700 in Finland, and 10 000 globally to go

Thursday, 14 June 2012
Mobile phone manufacturer Nokia is cutting 3700 employees in Finland, and 10 000 globally. Even top executives have also been placed on the guillotine box.

Samsung Company buys Swedish Nanoradio Company

Monday, 04 June 2012
Samsung Electronics announced today that it has acquired Nanoradio AB, a developer of ultra low power Wireless LAN chipsets for high-speed wireless access in mobile phones. Nanoradio is a small company with 60 employees.

Mobile broadband boom continues in Sweden – a strong areas of expansion

Tuesday, 29 May 2012
The number of mobile broadband subscriptions in Sweden grew by 2 million in 2011 meaning the sector will only keep on growing

TeliaSonera planning to make a full bid for Lithuanian companies

Tuesday, 08 May 2012
TeliaSonera has increased its stake in the Lithuanian operator Teo LT and will make a bid for remaining shares, according to a press release.

Ericsson received new order from T mobile U.S.A

Tuesday, 08 May 2012
Telecom Group Company has received an order from T-Mobile USA to participate in the operator network upgrades for mobile broadband based on LTE technology.

Nokia sues many of its competitors

Wednesday, 02 May 2012
Nokia has filed lawsuits for patent infringement against HTC, RIM and ViewSonic in the courts in the U.S. and Germany.

Telenor takes billion write down of its value in India

Monday, 30 April 2012
Norwegian telecoms operator Telenor writes down the value of its operations in India to zero. This means an impairment of Nkr3.9 billion made in the accounts of the first quarter.

Telia suffer more fall outs from its collaboration with dictators

Friday, 27 April 2012
Another fall out from the Telia’s collaboration with dictators as pointed out in the past days continues to have negative effects on the company as Swedbsnk sell stocks to safe faces

Fall for Ericsson's profit as largest business unit saw weak performance

Wednesday, 25 April 2012
Ericsson delivered a mixed quarterly report on Wednesday morning. As a whole the report was slightly worse than expected and the telecom company's principal business unit Networks plummeted from last year.

Is Microsoft’s business with Nokia costing it money? So far Yes!

Friday, 20 April 2012
IT giant Microsoft's Windows Phone division made a loss in the first quarter. Payments to keep Nokia going are reported to be largely behind this decline.

Telia will charge for the use of Skype

Friday, 20 April 2012
Telia will start charging for mobile IP telephony such as Skype, even in Sweden. No more free calls from VoIP services such as Skype and Viber.

Nokia faces unexpected challenge in its transition routes. Looses mount in Q1

Thursday, 19 April 2012
Finnish mobile giant, Nokia Corp. (NOK), the world's biggest handset maker last year, Thursday said it has faced greater than expected competitive challenge in its ongoing strategy overhaul, as the company reported heavy losses for the first quarter.

Swedish Telecoms companies reported lower profits than expected

Thursday, 19 April 2012
Swedish telecom giants, TeliaSonera and Tele2 reported their performances this morning and it was not very encouraging as would have been expected.

Did TeliaSonera secretly collaborate with dictatorships?

Wednesday, 18 April 2012
That security services are using  mobile operators to control the public in political events and in dictatorial countries have been reported in the past and Swedish companies have been identified as playing leading role. Most notable has been Ericsson but it has emerged that the Swedish – Finnish telecom company, TeliaSonera could have secretly worked directly with these dictators to eliminated challengers to the regimes.

Ericsson wins 4G contracts in Japanese

Tuesday, 17 April 2012
Ericsson has signed an agreement with Japanese telecom operator Softbank to build the company's 4G network.

Torrid times for Nokia as rating hit near bottom. Company is gradually imploding

Tuesday, 17 April 2012
Moody's lowers rating for Nokia and further reduction may be necessary if the company can not boost sales. After a tough time in the stock market continues Nokia's shares dropped yesterday.

The price for slow reactions to reality as Nokia shares continues its tumbling on Thursday

Thursday, 12 April 2012
Finnish mobile phone giant Nokia's shares continued their downward spiral on Thursday following Wednesday’s profit warning. Nokia shares opened 5 percent down in morning trading on the Helsinki Stock Exchange.

Nokia plunged after profit warning – things not looking good for the Finnish giant

Wednesday, 11 April 2012
Shares in Nokia plunged 17 percent after the mobile phone giant surprised investors by saying it expected to make losses in the first half of 2012.

Analysts expect tough times for Ericsson and other telephone operators

Tuesday, 10 April 2012
Analysts, Nomura expects that telecom operators will continue to be cautious with their investments in the first quarter, which will weigh on the results of Ericsson, Alcatel-Lucent and Juniper.

Nokia Siemens Gets StarHub 4G, GSM Network Pact In Singapore

Tuesday, 10 April 2012
Network equipment joint venture Nokia Siemens Networks (NOK, SI) said Tuesday it has been selected by StarHub Ltd (CC3.SG), a mobile operator in Singapore, as its Long Term Evolution (LTE) fourth generation mobile broadband infrastructure and services vendor.

Nokia’s net strategy is to carry out intense US market campaign

Monday, 09 April 2012
Nokia’s next strategy is to launch its smart phones in the USA and that was done on Easter Sunday. As the US shops start carrying out Nokia’s flagship Lumia 900, the Finnish mobile phone giant is hoping for a new foothold in the smartphone market. But analysts say that the company has two or three years to make its strategy work.

Hundreds of Nokia's outsourced Symbian developers leaving Accenture

Tuesday, 03 April 2012
Hundreds of former Nokia employees at the consultancy firm Accenture have left the company and claimed severance packages.

Nokia shifting to mobile phone TV application for its Lumia - Rumour

Saturday, 31 March 2012
There is rumour that Nokia wants to launch TV application that will enable users to watch TV on their Lumia phones.

Nokia back on top as phone leader

Thursday, 29 March 2012
Nokia is back in the charts of best selling mobile phones in Sweden after an absence.

Bully tact and lack of strategy force Swedish Telecom operators to want to block Skype usage

Wednesday, 28 March 2012
Swedish telecom operators are looking for ways to stop their customers from making free calls via services such as Skype and Viber. "We must take payment," said Charlotte Züger at Telia to radio Sweden.

Mobile price war in Sweden costly for operators

Wednesday, 28 March 2012
Swedish Mobile operators, Tele 2 and three are at war right now for new customers through two subscriptions that give customers half price. This has meant that it sold more subscriptions than usual.

Sony Mobile announces layoffs in Lund, Sweden

Tuesday, 27 March 2012
Mobile manufacturer Sony Mobile is laying off 150 employees in Lund, Sweden according to news reports in Sweden.

Nokia Siemens Networks cutting over 600 jobs in Finland as Nokia also cuts 1000 jobs

Thursday, 22 March 2012
Nokia Siemens Networks (NSN) is to axe no more than 624 jobs from its operations in Finland, the company said on Thursday. Also other repots say Nokia will reduce 1000 jobs in Finland.

War on the Swedish telecom market as Telecom giant Tele2 go after competing Network 3

Wednesday, 21 March 2012
It is hard for Swedish telecom companies to get customers these as such competition is fierce. It not led to a heavy price war, literally, but it has led to company “A” watching what company “B” is doing – very closely.

Nokia design chief sees a revolution in the future use of mobile phones as market seem to be happy with Nokia

Friday, 16 March 2012
Nokia’s Executive Vice President of Design Marko Ahtisaari says in an interview with the Finnish business magazine Optio that he is looking for the next big leap in mobile user interfaces.

Chinese Huawei threatens Ericsson with price pressure as Ericsson tend to focus on crowded developed markets

Monday, 27 February 2012
Telecom giant Ericsson increased its market share significantly in the last year, according to CEO Hans Vestberg. But even rival Huawei is growing and the Chinese company is using price as its competiveness strategy.

Nokia Lumia sells more than expected in the U.S. but the launch of the new Nokia still keep investors worried.

Monday, 27 February 2012
Sales of Nokia Lumia in the U.S. have exceeded expectations, as more phones where launched today. But investors are still worried about the price of the phones and there are questions about its competitiveness when other such as Sony just threw themselves int the mix.

Uncertainty engulf Sony employees as possibility emerged that there could be cuts

Sunday, 26 February 2012
The divorce of Sony from Ericsson was already realised about two weeks ago and Sony Mobile will become the part of the big Sony family. Focus on quality and content will not come cheap. But with Sony’s strategic power, there is the chance that such will not be a big deal for the company.