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Nokia

Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts, sources say

STOCKHOLM: Nokia has laid off close to 2,000 people or about a fifth of its employee base across Greater China and...

Published 17 Oct, 2024 06:09pm

Opinion

And the brand lives on…

The product dies. The factory shuts down. The shelves become empty. The shops forget it. The mind stores in memory....

Published 02 Oct, 2024 06:49am

Technology

Nokia sees stronger H2 after Q1 comparable profit grows less than expected

Finnish telecom gear maker Nokia reported on Thursday a smaller rise than expected in first-quarter comparable...

Published 18 Apr, 2024 10:54am

Technology

Nokia and Dell agree partnership on private 5G, cloud networks

LONDON: Nokia and Dell Technologies have agreed a partnership to help deploy so-called private 5G networks and adapt...

Published 15 Feb, 2024 06:08pm

Technology

Nokia to cut up to 14,000 jobs after sales drop 20%

STOCKHOLM: Finnish telecom gear group Nokia on Thursday said it will cut up to 14,000 jobs as part of a new cost...

Published 19 Oct, 2023 11:00am

Technology

From bricks to flips: 50 years of mobile phones

PARIS: From brick-sized handsets popular with stockbrokers to intensely powerful computers that sit in all our...

Published 30 Mar, 2023 01:02pm

Technology

Russian mobile calls, internet seen deteriorating after Nokia, Ericsson leave

STOCKHOLM/MOSCOW: When telecoms gear makers Nokia and Ericsson leave Russia at the end of the year, their departure...

Published 21 Dec, 2022 01:46pm

Business & Finance

Telenor hosts discussion on ‘safety in supply chain’

ISLAMABAD: Telenor Pakistan hosted an event on “Safety in Supply Chain”, where industry experts deliberated on...

Published 03 Nov, 2022 05:50am

Business & Finance

PTCL, Nokia sign MoU for innovative IT solutions

KARACHI: Pakistan Telecommunication Company Limited (PTCL) and Nokia have announced the signing of a Memorandum of...

Published 21 Oct, 2022 05:57am

Markets

European shares rise after UK’s Truss resigns

LONDON: European shares rose on Thursday after Liz Truss said she was resigning as the United Kingdom’s prime...

Published 21 Oct, 2022 05:57am

Business & Finance

1-Terabit transport capacity per wavelength: PTCL, Nokia successfully conduct trial

KARACHI: Pakistan Telecommunication Company Limited (PTCL) has successfully conducted country’s first trial of...

Published 11 Aug, 2022 04:35am

Technology

Nokia’s quarterly operating profit beats forecasts on 5G demand

STOCKHOLM: Finnish telecom equipment maker Nokia reported on Thursday quarterly operating profit ahead of market...

Published 21 Jul, 2022 11:41am

Business & Finance

Nokia’s quarterly profit beats on 5G demand

STOCKHOLM: Telecom equipment maker Nokia reported a stronger-than-expected quarterly operating profit on Thursday,...

Published 28 Apr, 2022 12:02pm

Business & Finance

Nokia to quit Russian market

HELSINKI: Nokia will pull out of the Russian market, the Finnish telecoms provider said on Tuesday, a day after...

Published 12 Apr, 2022 01:51pm

Pakistan

Nokia to launch ‘Smart City’ pilot project in Lahore

LAHORE: A multinational telecommunication company, Nokia, has principally agreed to launch the country’s first...

Published 12 Feb, 2022 05:09am

Business & Finance

Nokia says revenue and margins to rise as turnaround gathers pace

HELSINKI: Finnish telecoms equipment maker Nokia said on Thursday it expects its revenue to grow this year and set a...

Published 03 Feb, 2022 12:38pm

Business & Finance

Nokia expects strong 2022 as supply crunch eases

HELSINKI: Finnish telecoms giant Nokia performed better than expected last year and foresees further growth in 2022...

Published 11 Jan, 2022 05:24pm

Technology

China calls on Canada to ignore Huawei risks 'invented' by US

MONTREAL: A senior Chinese diplomat called on Ottawa Tuesday to ignore national security risks that had been...

Published 08 Dec, 2021 10:21am

Pakistan

‘Smart City’ pilot project in Lahore: Nokia, PSCA enter into deal

LAHORE: A multinational telecommunication company, Nokia, has entered into an agreement with the Punjab Safe Cities...

Published 23 Nov, 2021 03:54am

Technology

Nokia to launch cloud-based software subscription service

STOCKHOLM: Nokia said on Wednesday it plans to launch a cloud-based software subscription service targeting telecom...

Published 17 Nov, 2021 10:28am

Business & Finance

Nokia shrugs off chip problems to lift profit

HELSINKI: Finnish telecoms network equipment maker Nokia said Thursday that it was able to boost its profits in the...

Published 01 Nov, 2021 05:02am

Nokia wants to help develop 5G ecosystem roadmap in Pakistan: officials

ISLAMABAD: Nokia has expressed keen interest for collaboration with the Ministry of Information Technology and...

Updated 03 Oct, 2021 11:42am

Business & Finance

Nokia lifts full-year forecast as turnaround takes root

The company had announced on July 13 that it would raise its outlook, but did not provide any details

Published 29 Jul, 2021 11:49am

Business & Finance

Nokia plans to raise full-year outlook, citing strong quarter

The telecom equipment maker had earlier projected 2021 net sales of between 20.6 billion euros ($24.43 billion) to 21.8 billion.

Published 13 Jul, 2021 11:38am

Technology

Musk set to tout Starlink progress as cost, demand hurdles linger

But the beta test customer said he experiences dropouts during calls on Microsoft Teams and Zoom.

Published 29 Jun, 2021 10:53am

Business & Finance

Daimler to pay Nokia patent fees, ending legal fight

BRUSSELS: Daimler has agreed to pay Nokia for using its patents, ending a row that highlighted a battle between tech...

Published 02 Jun, 2021 04:29am

Business & Finance

Ericsson to pay 80m euros to Nokia in bribes case

STOCKHOLM: Swedish telecoms equipment maker Ericsson said Wednesday it had agreed to pay Finnish competitor Nokia 80...

Published 13 May, 2021 03:10am

Business & Finance

Nokia gets on 5G growth path as new strategy takes shape

Q1 revenue 5.08 bln euros vs estimate of 4.72 bln.
Q1 adj EPS 0.07 euro cents vs estimate of 0.01.
Comparable margins up at 38.2% vs 36.4% last year.
Shares jump as much as 16%.

Published 29 Apr, 2021 08:07pm

Business & Finance

Telecom Italia looking to drop Huawei from Italy 5G network

Losing 5G work from Telecom Italia, one of Huawei's biggest clients in Europe, would be a blow to the Chinese technology giant, which has already lost some business to rivals Nokia and Ericsson.
Telecom Italia has sent a letter informing Huawei of its intention to call off the contract, one of the sources said. Italian newspaper Il Sole 24 Ore first reported the letter.

Published 29 Apr, 2021 05:55pm

Technology

Nokia back in black in first quarter

In March, Lundmark announced the company will slash up to 10,000 jobs -- equivalent to 11 percent of its workforce -- in a major cost-cutting drive.

Published 29 Apr, 2021 10:53am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	155.74
USD to Swiss Franc / Jan 17	0.91
Pound Sterling to USD / Jan 17	1.22

Stock	Volume
S&P 500 / Jan 16	5,937.34
Nasdaq / Jan 16	19,338.29
Dow Jones / Jan 16	43,153.13
India Sensex / Jan 17	76,671.81
Tokyo Nikkei / Jan 17	38,451.46
Hang Seng / Jan 17	19,567.81
FTSE 100 / Jan 17	8,477.94
Germany DAX 30 / Jan 17	20,852.83

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 16	18,785
Gold 10 Grams PKR / Jan 16	241,941
Crude Oil USD/Barrel / Jan 17	79.09
Gold Spot USD/Ounce / Jan 17	2,713.02
Cotton US¢/pound / Jan 17	67.05
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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