Tag: Communications Equipment

Nokia plunges to three-year low after losing major AT&T deal to rival Ericsson

Nokia plunged to a three-year low after losing out to rival Ericsson on a major contract with telecom juggernaut AT&T over the rollout of an open-radio access network (Open RAN) in the U.S.

Cisco Earnings Weigh on Arista, Juniper Stocks. Why the Reaction Is Overdone.

Cisco Earnings Weigh on Arista, Juniper Stocks. Why the Reaction Is Overdone.

Nokia to cut up to 14,000 jobs after 69% profit plunge

Nokia said it would cut up to 14,000 jobs as part of a cost cutting plan following third quarter earnings that plunged.

Apple’s iPhone 15 launches in China with people flocking to stores — even as Huawei revival emerges

People flocked to a flagship Apple store in downtown Beijing on Friday morning to pick up the latest iPhone, despite market worries that nationalistic fervor would dampen the U.S. company’s sales in China.