The Finnish telecom equipment maker said it was “prudent” to lower its 2026 operating margin guidance to 13%, from 14%, citing the market conditions facing its Mobile Networks business.
Finnish telecom equipment maker Nokia said on Tuesday it had revised down its comparable operating margin target to at least 13% by 2026 from at least 14% previously, after losing a deal with a U.S. t
In the closing of the recent trading day, Nokia (NOK) stood at $3.12, denoting a -1.89% change from the preceding trading day.
Earlier this week, AT&T said it reached a deal with Ericsson to buy up to $14 billion worth of network equipment over five years.
Finland-based mobile network firm Nokia Oyj (NYSE:NOK) lost out on a major deal to roll out a new network in the U.S. with AT&T (T).
Nokia (NYSE: NOK ) lost a key 5G equipment contract to rival Ericsson (NASDAQ: ERIC ), sending NOK stock to a three-year low. NOK was opened this morning at $2.96 per share, a market capitalization of
Shares of Nokia Oyj (NYSE: NOK) are down 6.0% on Tuesday after the telecommunications company lost a major deal with AT&T Inc (NYSE: T). Ericsson named the new AT&T supplier AT&T has partnered with Er
AT&T has reached a deal to buy network equipment from Ericsson over five years. ADRs of rival Nokia are falling.
Nokia could be forced to break-up in the wake of AT&T's decision to award a $14 billion contract to its Swedish rival Ericsson to modernize its U.S. telecoms network, an analyst warns.
Here are the stocks moving the most on Tuesday.
AT&T Inc.'s choice of Ericsson AB to modernize its US wireless network sent shares of Nokia Oyj. as much as 10% lower on Tuesday.
AT&T spend could near $14 billion over its five-year contract with Ericsson, as they deploy an open-radio access network in the U.S., the companies said.
Ericsson shares rallied in early trading on Tuesday after AT&T chose the Swedish telecoms equipment maker over Finnish rival Nokia to build a network under a five-year deal that could see spending rea
AT&T said on Monday it chose Ericsson to build a telecom network that uses only so-called ORAN technology and which will cover 70% of its wireless traffic in the United States by late 2026, marking a
The latest trading day saw Nokia (NOK) settling at $3.49, representing a +0.29% change from its previous close.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE