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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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