financials Archives - Telecoms Tech News https://www.telecomstechnews.com/news/tag/financials/ M2M, Small Cells, OTT VoiP, Wimax, 5G, LTE, IPTV Thu, 29 Oct 2020 14:37:42 +0000 en-GB hourly 1 https://www.telecomstechnews.com/wp-content/uploads/2020/09/telecom-icon-60x60.png financials Archives - Telecoms Tech News https://www.telecomstechnews.com/news/tag/financials/ 32 32 Nokia CEO sets out restructuring after shares plunge 17 percent https://www.telecomstechnews.com/news/nokia-ceo-restructuring-shares-plunge-17-percent/ https://www.telecomstechnews.com/news/nokia-ceo-restructuring-shares-plunge-17-percent/#respond Thu, 29 Oct 2020 14:37:39 +0000 https://www.telecomstechnews.com//?p=94085 Nokia CEO Pekka Lundmark has set out his restructuring plans after poor comparative results to Ericsson tanked the company’s shares. “Our industry is undergoing profound changes. Industrial automation and digitalisation are increasing customer demand for high-performance networks, with a trend towards open interfaces, virtualisation, and cloud-native software,” said Lundmark. “As we work to renew our... Read more »

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