Microsoft writes off $7.6 bn in Nokia deal; to cut 7,800 jobs
In a major restructuring of its mobile devices business, US tech giant Microsoft Wednesday said it is writing off USD 7.6 billion it spent on acquiring Nokia and will cut 7,800 jobs, but was silent on India impact.
Jul 08, 2015, 20:19 PM IST
Airtel inks 4-year deal with Nokia for 3G services
Under the four-year contract, Nokia will provide its equipment and services to Bharti Airtel's infrastructure.
Jun 30, 2015, 17:44 PM IST
Germany auto makers ready offer for HERE as deadline looms
Finland`s Nokia started an auction of its HERE high-definition maps business while it focuses on completing its 15.6 billion euros ($17.2 billion) takeover of network equipment maker Alcatel Lucent.
Jun 18, 2015, 08:28 AM IST
Nokia wins US approval to buy Alcatel-Lucent
The U.S. Department of Justice has given a green light to Nokia`s deal to buy French rival Alcatel-Lucent, the two companies said on Wednesday.
Jun 17, 2015, 21:28 PM IST
Nokia faces lengthy arbitration over LG patent royalty payments
Nokia said on Tuesday that South Korea`s LG Electronics has agreed a deal to use the Finnish company`s smartphone patent license but royalty payments will be settled in a lengthy arbitration process.
Jun 16, 2015, 18:48 PM IST
Nokia, LG join hands, ink smartphone patent licence
The detailed royalty payment obligations will be subject to commercial arbitration and is expected to conclude within a 1-2 year timeframe. Other terms of the agreement remain confidential.
Jun 16, 2015, 17:16 PM IST
Nokia, LG join hands; inks smartphone patent license
"We are pleased to welcome LG Electronics to our licensing program," Nokia Technologies President Ramzi Haidamus said in a statement.
Jun 16, 2015, 15:37 PM IST
Microsoft rebrands Nokia stores
The change of brand follows the Microsoft-Nokia deal in which Washington-based firm acquired the handset business of Finland-based Nokia for USD 7.2 billion.
Jun 10, 2015, 18:17 PM IST
Capgemini bags multi-mn euro contract extension from Nokia
The additional three-year agreement will see Capgemini continuing to optimise Nokia's order management operations worldwide, the company said in a statement.
Jun 03, 2015, 18:07 PM IST
Nokia launches localised data center service for telecoms firms
Finnish telecoms equipment maker Nokia launched a new localised data center service for mobile network operators on Monday, enabling the operators to better compete with the likes of Amazon and Google in providing internet services.
Jun 01, 2015, 21:04 PM IST
Nokia withdraws plea to sell Chennai unit as buyer backs out
Nokia India on Tuesday withdrew from Delhi High Court its plea seeking permission to urgently sell its mobile manufacturing unit in Chennai, which was frozen over a Rs-10,000 crore claim raised by the Income Tax department, saying the proposed buyer has backed out.
May 26, 2015, 14:52 PM IST
Nokia withdraws plea from HC for urgent sale of its Chennai unit
Nokia India on Tuesday decided to withdraw from the Delhi High Court its plea for urgent sale of its Chennai mobile manufacturing unit which was frozen over a tax dispute.
May 26, 2015, 09:53 AM IST
German carmakers team up with General Atlantic to bid for Nokia's HERE: Sources
Germany`s premium automakers Mercedes, Audi and BMW have teamed up with private equity firm General Atlantic to raise their chances of clinching Nokia`s map unit HERE by overtaking Internet bidders, two people familiar with the matter said.
May 21, 2015, 19:03 PM IST
Essar pulls out of race to buy Nokia's Chennai mobile plant
Nokia's Chennai plant is under freeze over an estimated Rs 10,000 crore tax dispute with the Income Tax department.
May 21, 2015, 13:14 PM IST
HC agrees to urgent hearing of Nokia plea to sell Chennai unit
The tax dispute between Nokia India and Income Tax department, which has raised a claim of Rs 10,000 crore on the telecom firm, would be taken up by the Delhi High Court for an urgent hearing next week.
May 20, 2015, 22:38 PM IST
Chennai plant has potential to make 5G gears: Nokia Networks
Telecom equipment maker Nokia Networks Wednesday said that its manufacturing plant here has capability to make 5G network equipment, but at present the company is focussed on firming up technical standards.
May 13, 2015, 22:05 PM IST
Nokia Networks' Chennai plant crosses 2 mn units milestone
Telecom gear maker Nokia Networks' Wednesday said that production of network components at its plant here has crossed over 2 million units.
May 13, 2015, 22:01 PM IST
Nokia Networks may look at India for producing 5G telecom systems
Finnish telecom broadband infrastructure software and services provider Nokia Networks will consider India as one of the production bases for making 5G telecom systems, said a senior company official on Wednesday.
May 13, 2015, 16:39 PM IST
Nokia inks IT infra deal with HP, Microsoft and Telefonica
As part of the partnership, HP will provide an array of IT services, while Microsoft will be the key enabler for transferring the IT services.
May 08, 2015, 16:01 PM IST
Nokia could decide to keep navigation unit: Chairman
Telecom network equipment maker Nokia could decide not to sell its navigation business HERE when it has completed a review of the unit, its chairman said.
May 05, 2015, 23:07 PM IST
