Finnish corporation Nokia will supply about 7.5 thousand 5G transmitters for Telia in Finland, Scandinavia and the Baltics, the equipment supplier said on Wednesday.
Telia is a telecommunications company. The headquarters is located in Stockholm. The company’s largest shareholders are the governments of Sweden (37.3%) and Finland (11.7%). The company serves all government communications resources in Finland. Together with its subsidiaries, it serves 80.1 million customers in Sweden, Finland, Norway, Denmark, the Baltic States, Turkey, Georgia, Azerbaijan, Russia, Moldova and other CIS countries.
“We are pleased to expand our long-standing partnership with Telia. We have worked with Telia for more than half a century to provide best-in-class connectivity – now in the 5G era as we supply Telia technology in Finland and develop the 5G network in Northern Europe and the Baltics,” – said Nokia CEO Pekka Lundmark.
Under the five-year of the agreement, which includes the modernization of obsolete networks and will cover 7.5 thousand transmitters, “Nokia will supply 5G in Denmark, Estonia, Finland, Lithuania, Norway, Sweden, the Nordic countries and the Baltic countries.”
The 5G Telia network in Finland was launched in September 2018, put into commercial operation in early 2019 and currently covers 25% of the territory where potential consumers live.
NASA has provided to Nokia with $ 14.1 million to deploy 4G (LTE) network on the moon. The US space agency noted that telecommunications networks of this standard will be able to provide more reliable than radio signals, communication on the Earth’s satellite, where it is planned to build the lunar base by 2028. NASA […]
Chip maker, Advanced Micro Devices, is in talks to buy a rival chip maker – the American company Xilinx, reported The Wall Street Journal. The deal might be exceeding to $ 30 billion and could be announced for the next week. The merger will become one of the largest transactions in the industry this year, […]
South Korean electronics maker Samsung Electronics has signed an agreement with US cellular operator Verizon to supply $ 6.64 billion worth of 5G equipment to the United States, reported Reuters. According to Samsung representative, the order concerns to supply of network equipment. Company declined to comment on the detailed terms of the contract. Noted that […]
Oil becomes cheaper due to a sharp increase of reserves in the US and an increase in the number of coronavirus cases, which has raised fears of oversupply and weakening demand. This is evidenced by the data of stock trading on the site Investing.com published on Wednesday, October 28. In particular, the price of December […]Next
On Monday, the Cabinet of Ministers of the United Kingdom officially announced the implementation of more than 700.000 million shares of the largest national retail bank Lloyds Banking Group total value of which, at the close of the stock market on Friday, estimated at 481 million pounds. Thus, a majority of assets owned by the […]Next
It takes at least 10 years to reform Ukrainian industry. President Volodymyr Zelensky stated this during the Ukraine 30 forum. “Modernization of industry, which has not taken place in Ukraine so far, will take place this time. We are talking about modernization of large industry, any, not just TPP. But do not believe those who […]Next
The Bloomberg News agency estimated the yield a wide range of assets in 2015, ranging from currencies and stock indexes, to commodities and junk bonds. It is in the segment of junk bonds (junk, high-yield bonds) determined the most profitable asset last year – Eurobonds of Ukrzaliznytsia with maturing in May 2018. Investments in this […]Next
According to information provided by the consulting firm M & A Ukraine, last year was quite successful for the national business in terms of number of deals. Foreign investors have renewed their interest in the Ukrainian market and are willing to invest in its development. The apparent leader of the 2016 year in terms of […]Next
The largest American agricultural company Cargill suspends the sale of seeds, fertilizers and chemicals in the Black Sea region, including Ukraine, Russia, Romania, Hungary, Bulgaria and Poland. According to the information of the “Interfax-Ukraine”, after a comprehensive review of its grain and oilseed business in the Central and Eastern Europe, the Cargill decided to stop […]Next
14 famous international airlines, such as British Airways, Air France-KLM, Qantas Airways, Air Canada, etc., were accused of cartel in the area of ??cargo and had to pay a fine of € 790 million. The European court of general jurisdiction, the second most important court in the EU, in its verdict says that the decision, […]Next
The taxi service of the international Chinese company DiDi Chuxing intends to conduct the initial public offering (IPO) on the Hong Kong Stock Exchange. As reported by Reuters on Tuesday, citing sources, this may happen in the first half of 2021. By the time of the IPO, the estimated value of DiDi will be more […]Next
“Svarog West Group” will direct $ 3.5 million for innovative projects in 2016. That was said by the chairman of the Corporation Andrey Gordiychuk in an interview to the AgroPolit.com. According to him, the investment “appetite” of the company significantly decreased in 2016. “But this does not apply to investments in research and development: ours are IT-solutions, […]Next
The State Property Fund (SPF) of Ukraine expects to announce the second tender for sale of “Odessa Port Plant” in late summer – early autumn. This was stated by Igor Bilous, head of the State Property Fund at a press conference in Kyiv on Tuesday. “We expect to start the second round at the end of […]Next
“Danone Ukraine” Company has launched a new production facility for the manufacture of milk food for babies of TM “Tema” at the state milk plant in Kremenchug. This was said to AgroPortal.ua by the press-service of the company. Investments amounted to 200 million UAH and the production capacity estimates at 700 tons per month, or […]Next
International financial company Fairfax Financial Holdings Limited (Toronto headquarters, Canada) purchased 9.99% of shares of agricultural Ukrainian holding Astarta, which is the flagship of the domestic sugar market, which also is one of the largest provider of milk in the country. In addition,a new owner of shares acquired the right to purchase the remaining interest […]Next
In July-September 2020, Ukrainian banks closed 251of the structural subdivisions, reducing the regional network to 7329 branches by October 1. This is stated in the data of the National Bank. Most branches in the third quarter were closed by the state Oschadbank – 166, reducing its total number to 1931. During the same period, the […]Next
Direction of LLC Development Construction Holding (DCH), whose president is Oleksander Yaroslavskyi, is considering to lease the OPP instead of the acquisition of assets of this PJSC, reported Zn.ua. In an official statement of OPP representatives was indicated that they appealed to the State Property Fund of Ukraine in order to initiate an open competition […]Next
Along of goods transit blockade by Russia, and also its trade aggression, Ukraine in 2016 will lose about $900 million Natalya Mikolskaya, the deputy Minister of economic development, the sales representative of Ukraine declares that losses of Ukraine owing to trade aggression of Russia will have constituted $900 million until the end of the year. […]Next
The Polish oil and gas company PGNiG has appointed Pavlo Majewski chairman of the board. The previous chairman, Jerzy Kwieciński, worked for less than a year. “The company’s supervisory board has decided to appoint Pavlo Majewski as the chairman of the board of PGNiG from November 12, 2020 for a term until January 10, 2023”. […]Next