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Stock Market & Financial Investment News

News Breaks
July 2, 2014
09:57 EDTNOKNokia to buy network deployment solution provider SAC Wireless
Nokia Networks announced it has entered into an agreement to acquire SAC Wireless, a self-performing provider of infrastructure and network deployment solutions based in Schaumburg, Illinois. Nokia Networks expects to close the transaction in the third quarter of 2014, subject to customary closing conditions, including regulatory approvals. The transaction is expected to bring "clear revenue synergies," the company stated.
News For NOK From The Last 14 Days
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March 2, 2015
07:22 EDTNOKNokia plans 5G trials with NTT DoCoMo, may expand launch of N1 tablet, WSJ says
Nokia (NOK) will continue its shift into telecom networking with a new focus on 5G, reports the Wall Street Journal's Digits blog, citing statements by CEO Rajeev Suri at the Mobile World Congress 2015. The company sees 5G network standardization starting in 2016, trials starting in 2018, and full launch in 2020, with Nokia currently planning trials with NTT DoCoMo (DCM). Suri also announced a predictive marketing solution that may enable network operators to better target ads. Regarding the company's goal to keep itself alive as a consumer brand, the CEO said "We’re now monitoring the experience of the people who bought [the N1 tablet in China] . Once that’s all good, we’ll start moving to other countries as well." Reference Link
March 1, 2015
18:05 EDTNOKNokia CEO says 'business as usual,' no change to outlook, Reuters says
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February 18, 2015
08:21 EDTNOKBofa European telecom equipment analysts hold analyst/industry conference call
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