10 innovators from Canada, Finland, Germany, Greece, Ireland and the U.S. awarded for their technologies and solutions that address opportunities in the IoT domain Winning innovations designed for such IoT verticals as health, connectivity, automotive, industrial Internet and smart cities ESPOO, FINLAND On August 3, Nokia launched its thirdRead More →
ISLAMABAD ( MEDIA REPORT ) Nokia CEO Rajeev Suri opened the door on diversifying into new areas and moving “beyond operators” following its Alcatel-Lucent acquisition, while describing the joint company “as the western alternative to Huawei” in an interview with the Economic Times (ET). While talking up the company’s ambitionsRead More →
ISLAMABAD ( BMZ REPORT ) Intel Corporation today announced its support for Narrow-Band Long-Term Evolution (NB-LTE) technology as the ideal wireless connectivity solution for the growing Internet of Things (IoT) market segment. NB-LTE is an optimized variant of the widely deployed 4G LTE technology, and is well-suited for the IoTRead More →
ESPOO, FINLAND ( BMZ REPORT ) Nokia today announced an agreement to sell its HERE digital mapping and location services business to a consortium of leading automotive companies, comprising AUDI AG, BMW Group and Daimler AG (the “Consortium”). The transaction values HERE at an enterprise value of EUR 2.8 billionRead More →
Strong Q2 positions Nokia well to meet full year 2015 objectives ISLAMABAD ( BMZ REPORT ) This is a summary of the Nokia Corporation interim report for second quarter 2015 and January-June 2015 published today. The complete interim report for second quarter 2015 and January-June 2015 with tables is availableRead More →
LOS ANGELES, Calif. ( BMZ REPORT ) Nokia today announced OZO, the first commercially available virtual reality (VR) camera designed and built for professional content creators and the first in a planned portfolio of digital media solutions from Nokia Technologies, the company’s advanced technology and licensing business. “We’re thrilled toRead More →
NEW YORK ( MEDIA REPORT ) Microsoft announced plans to cut 7,800 jobs and reorganize its Windows Phone unit, which has struggled in the mobile market. The move represents the second major round of layoffs in a year for Microsoft, which cut some 18,000 jobs a year ago as partRead More →
RIYADH, KSA ( ABRAR MUSTAFA ) Mobily, a leading provider of innovative communications services, renewed its contract with Nokia Networks to manage its network operations and expand its 2G, 3G and 4G networks in order to boost its offering in Saudi Arabia’s Central and Northern regions. With this, Mobily customersRead More →
FRANKFURT ( MEDIA ) Nokia, once the world’s biggest maker of mobile phones, plans to start designing and licensing handsets again once an agreement with partner Microsoft allows it to in 2016, its chief executive told Germany’s Manager Magazin. “We will look for suitable partners,” Rajeev Suri said in anRead More →
Espoo, Finland ( PRESS RELEASE ) Nokia’s annual corporate responsibility report, Nokia People & Planet Report 2014, is now available atwww.nokia.com/people&planet. The report covers the key ethical, socio-economic and environmental issues most relevant to Nokia’s business and stakeholders during the fiscal year 2014. In addition to key activities, achievements andRead More →
Helsinki & Paris ( ABRAR MUSTAFA ) Nokia and Alcatel-Lucent announce today their intention to combine to create an innovation leader in next generation technology and services for an IP connected world. The two companies have entered into a memorandum of understanding under which Nokia will make an offer forRead More →
ISLAMABAD (ABRAR MUSTAFA ) Ms. Anusha Rahman Khan Minister IT & Telecom said that “The government is committed to enabling the operations take the quality and coverage of mobile broadband services to new level for the benefit of greater socio-economic development. We are confident that Nokia Networks’ commitments and advancedRead More →