Nokia Faces 28 Million Euro Loss as HMD Global Struggles with Financial Performance

June 03, 2024 – Nokia has recently unveiled its 2023 financial results, highlighting a significant revenue stream generated by its technology division, which oversees the company’s patent portfolio. Despite a slight dip in figures, the division managed to secure approximately 1.3 billion euros (currently equivalent to approximately 10.231 billion yuan) in annual net sales through…

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Revolutionizing Japan’s Telecom Landscape: Nokia’s O-RAN 5G Solution with NTT Docomo

November 21, 2023 – In a recent announcement, Nokia revealed its collaboration with Japan’s largest telecommunications operator, NTT Docomo, to deploy a next-generation Nokia Open Radio Access Network (RAN) 5G AirScale baseband solution across the commercial network in Japan, adhering to the O-RAN specifications. Nokia asserts that the new AirScale communication solution is powered by…

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