Vodafone Idea informed about the shareholders’ nod to issue preferential shares to Nokia & Ericsson worth ₹2,458 cr & conversion of ₹160 cr worth optionally converted debentures issued to ATC Telecom.
Wipro to build a bespoke AI-powered, cloud-based solution for Nokia’s workforce, comprising around 86,700 users globally in 130 countries.
PhonePe says 45% of the users of this indigenous app store come from Tier 2 cities.
The development comes as Nokia's profit in the September quarter, declined by 69% year-on-year to 133 million euros.
RIL shares gained as much as 2.3% to ₹2,644.30, while the market capitalisation increased by ₹27,468 crore to ₹17.76 lakh crore.
Nokia CEO Pekka says the company is now accelerating while laying foundation for scale phase, delivering growth, profitability while broadening customer base
Cumulative 5G smartphone shipments will cross the 100 million mark in Q2 2023, says Nokia.
Jio plans to launch 5G services in certain cities by this Diwali and country-wide rollout by end of 2023.
The upgrade brings refinements and features that make a device more usable
Outgoing Fortum CEO Pekka Lundmark to take over on September 1 from Rajeev Suri as president and CEO of Finnish telecom equipment major.
