Nokia Oyj

Company to start share buybacks

by

Nokia new logo displayed on mobile, with Nokia logo on screen. Nurphoto | Nurphoto | Getty Images Nokia on Thursday said that it will begin a two-year 600 million euro ($653 million) share buyback this quarter, after reporting that its profit plunged in 2023. Nokia shares were 7% higher at around 8.19 a.m. London time … Read more

Ericsson up 9% on AT&T network deal as Nokia plunges to three-year low

by

Ericsson recently announced it is planning to cut 8,500 jobs as part of its cost-cutting measures. Nurphoto | Nurphoto | Getty Images Shares of Finland’s Nokia plunged to a three-year low, as the telecoms company lost out on a major deal to roll out a new network in the U.S. with industry juggernaut AT&T. Helsinki-listed … Read more