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Nokia

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

Markets

LG becomes first major smartphone brand to withdraw from market

Its decision to pull out will leave its 10pc share in North America, where it is the No. 3 brand, to be gobbled up by smartphone titans Apple Inc and Samsung Electronics.

Published 05 Apr, 2021 08:08am

Business & Finance

Nokia signs 5G equipment deal with AT&T

Nokia said its portfolio for C-Band, meaning satellite transmissions in the 4-8GHz frequency range, includes support for different 5G networks, cloud-based implementations and Open RAN products.
C-Band spectrum provides a good balance of both capacity and coverage, while also allowing rapid 5G rollout and fast introduction of services.

Published 18 Mar, 2021 06:08pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 24	2278.33
USD PKR Interbank Buying / May 24	278.13
USD to Japanese Yen / May 24	156.99
USD to Swiss Franc / May 24	0.91
Pound Sterling to USD / May 24	1.27
Euro to USD / May 24	1.08

Stock	Volume
S&P 500 / May 24	5304.72
India Sensex / May 24	74410.39
Tokyo Nikkei / May 24	38646.11
Nasdaq / May 24	16920.80
Hang Seng / May 24	18608.94
FTSE 100 / May 24	8317.59
Dow Jones / May 24	39069.59
Germany DAX 30 / May 24	18693.37

Item	Value
Crude Oil USD/Barrel / May 24	77.72
Karachi Cotton PKR/37.32 KG / May 24	19935
Gold 10 Grams PKR / May 24	205933
Gold Spot USD/Ounce / May 24	2333.83
Cotton US¢/pound / May 24	80.52
Petrol/Litre / May 27	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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