{"id":60372,"date":"2023-12-12T12:31:42","date_gmt":"2023-12-12T12:31:42","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=390590"},"modified":"2023-12-12T12:31:42","modified_gmt":"2023-12-12T12:31:42","slug":"nokia-slashes-profit-target-on-networks-challenges","status":"publish","type":"post","link":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/2023\/12\/12\/nokia-slashes-profit-target-on-networks-challenges\/","title":{"rendered":"Nokia slashes profit target on Networks challenges"},"content":{"rendered":"<p>Finnish vendor Nokia cut its long-term profitability target in response to current market conditions impacting its Mobile Networks business, a week after AT&amp;T handed rival Ericsson a $14 billion open RAN contract.<\/p>\n<p>In a statement released ahead of a company investor event, Nokia provided an update on group strategy, which includes initial planning assumptions for 2024 and targets for 2026.<\/p>\n<p>The biggest headline comes with its decision to lower its comparable operating margin target to be achieved by 2026 to at least 13 per cent, down from a prior guidance of at least 14 per cent.<\/p>\n<p>Nokia explained it still sees a path of achieving at least 14 per cent, but considering the current market conditions \u201cthis is deemed a prudent change\u201d.<\/p>\n<p>The company added its Mobile Networks business will face challenges in 2024 and 2025 \u201cbefore returning to grow faster than the market in 2026&#8243;.<\/p>\n<div class=\" w-full sm:w-1\/2 float-left mr-8 not-prose bg-mwl-off-white p-8 my-6 clear-both\">\n<h4 class=\"heading-2xl mb-4 border-b-4 border-mwl-ui pb-1 !text-mwl-ui\">\n        Related Articles<br \/>\n    <\/h4>\n<div class=\"flex flex-col !text-mwl-ui\">\n<article class=\"post relative w-full\"\n    id=\"post-389696\"><\/p>\n<div class=\"card flex flex-col justify-center border-b border-mwl-off-white pb-3 dark:border-mwl-ui-800 \">\n<div class=\"gap-2 \">\n<p>            <a href=\"https:\/\/www.mobileworldlive.com\/nokia\/\"\n            \n            class=\"inline-flex\"\n            aria-label=\"View more content on Nokia\"><br \/>\n            <span class=\"inline-flex w-fit text-xs uppercase border-b font-medium  mr-1 tracking-wider border-mwl-red   !text-mwl-ui !black\">Nokia<\/span><br \/>\n        <\/a><\/p>\n<p>            <a href=\"https:\/\/www.mobileworldlive.com\/ranvendors\/\"\n            \n            class=\"inline-flex\"\n            aria-label=\"View more content on RAN Vendors\"><br \/>\n            <span class=\"inline-flex w-fit text-xs uppercase border-b font-medium  mr-1 tracking-wider border-mwl-red   !text-mwl-ui !black\">RAN Vendors<\/span><br \/>\n        <\/a>\n                                        <\/div>\n<p>        <a href=\"https:\/\/www.mobileworldlive.com\/nokia\/nokia-comes-out-fighting-after-att-blow\/\"\n            \n            class=\"mt-3 block\"\n            aria-label=\"Read more about Nokia comes out fighting after AT&#038;T blow\"><\/p>\n<h3 class=\"heading-xl cardHeadline inline\n!text-mwl-ui\"><br \/>\n                Nokia comes out fighting after AT&#038;T blow<br \/>\n            <\/h3>\n<p>        <\/a><\/p>\n<div class=\"mt-2\">\n<div class=\"mr-2 inline-flex text-xs font-medium uppercase   !text-mwl-ui\">\n        <a href=\"https:\/\/www.mobileworldlive.com\/author\/chris-donkin\/\"\n            \n            aria-label=\"View more posts written by Chris Donkin\"><br \/>\n            By Chris Donkin<br \/>\n        <\/a>\n    <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/article>\n<article class=\"post relative w-full\"\n    id=\"post-389629\"><\/p>\n<div class=\"card flex flex-col justify-center border-b border-mwl-off-white py-3 dark:border-mwl-ui-800 \">\n<div class=\"gap-2 \">\n<p>            <a href=\"https:\/\/www.mobileworldlive.com\/att\/\"\n            \n            class=\"inline-flex\"\n            aria-label=\"View more content on AT&amp;T\"><br \/>\n            <span class=\"inline-flex w-fit text-xs uppercase border-b font-medium  mr-1 tracking-wider border-mwl-red   !text-mwl-ui !black\">AT&amp;T<\/span><br \/>\n        <\/a><\/p>\n<p>            <a href=\"https:\/\/www.mobileworldlive.com\/ericsson\/\"\n            \n            class=\"inline-flex\"\n            aria-label=\"View more content on Ericsson\"><br \/>\n            <span class=\"inline-flex w-fit text-xs uppercase border-b font-medium  mr-1 tracking-wider border-mwl-red   !text-mwl-ui !black\">Ericsson<\/span><br \/>\n        <\/a><\/p>\n<p>            <a href=\"https:\/\/www.mobileworldlive.com\/ranvendors\/\"\n            \n            class=\"inline-flex\"\n            aria-label=\"View more content on RAN Vendors\"><br \/>\n            <span class=\"inline-flex w-fit text-xs uppercase border-b font-medium  mr-1 tracking-wider border-mwl-red   !text-mwl-ui !black\">RAN Vendors<\/span><br \/>\n        <\/a>\n                                        <\/div>\n<p>        <a href=\"https:\/\/www.mobileworldlive.com\/ranvendors\/att-commits-14b-to-open-ran-with-ericsson\/\"\n            \n            class=\"mt-3 block\"\n            aria-label=\"Read more about AT&#038;T commits $14B to open RAN with Ericsson\"><\/p>\n<h3 class=\"heading-xl cardHeadline inline\n!text-mwl-ui\"><br \/>\n                AT&#038;T commits $14B to open RAN with Ericsson<br \/>\n            <\/h3>\n<p>        <\/a><\/p>\n<div class=\"mt-2\">\n<div class=\"mr-2 inline-flex text-xs font-medium uppercase   !text-mwl-ui\">\n        <a href=\"https:\/\/www.mobileworldlive.com\/author\/mrobuck\/\"\n            \n            aria-label=\"View more posts written by Mike Robuck\"><br \/>\n            By Mike Robuck<br \/>\n        <\/a>\n    <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/article><\/div>\n<\/div>\n<p>Nokia indicated last week its revenue from AT&amp;T would decrease over the next two- to three-years, after Ericsson won the deal to lead the US operator&#8217;s open RAN deployment.<\/p>\n<p>To make up for the loss, Nokia said it would focus on selling its Mobile Networks services to fast-growing segments including enterprise, cloud and open RAN, and the defence sector.<\/p>\n<p>Other financial goals are unchanged, with the company stating it is expecting \u201cgood progress\u201d towards long-term growth targets for the rest of its business groups.<\/p>\n<p><strong>Defence deal <\/strong><br \/>Separately, Nokia announced it struck a deal to acquire Fenix Group, a company which specialises in 3GPP-compliant communications products for the defence sector.<\/p>\n<p>Tommi Uitto, president of Mobile Networks, said the proposed deal would help Nokia grow its defence business and \u201ccreate a more stable world with high-performance, secure and reliable communication solutions\u201d.<\/p>\n<p>Financial details were undisclosed.<\/p>\n<p>The post <a href=\"https:\/\/www.mobileworldlive.com\/nokia\/nokia-slashes-profit-target-on-networks-challenges\/\">Nokia slashes profit target on Networks challenges<\/a> appeared first on <a href=\"https:\/\/www.mobileworldlive.com\/\">Mobile World Live<\/a>.<\/p>\n\n<h2><b>Commercials Cooperation Advertisements:<\/b><\/h2>\r\n<p><br>(1) IT Teacher IT Freelance<br> <\/p>\r\n<a href=https:\/\/itteacheritfreelance.hk\/wordpress><img src=http:\/\/gamefootballmobileanimeiphone.com\/wp-content\/uploads\/2023\/09\/ITTeacherITFreelance-Website.png alt=IT\u96fb\u8166\u88dc\u7fd2 java\u88dc\u7fd2 \u70ba\u5927\u5bb6\u914d\u5c0d\u96fb\u8166\u88dc\u7fd2,IT freelance, \u79c1\u4eba\u8001\u5e2b, PHP\u88dc\u7fd2,CSS\u88dc\u7fd2,XML,Java\u88dc\u7fd2,MySQL\u88dc\u7fd2,graphic design\u88dc\u7fd2,\u4e2d\u5c0f\u5b78ICT\u88dc\u7fd2,\u4e00\u5c0d\u4e00\u79c1\u4eba\u88dc\u7fd2\u548cFreelance\u81ea\u7531\u5de5\u4f5c\u914d\u5c0d\u3002\/><\/a><p><a href=https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/findteacher>\u7acb\u523b\u8a3b\u518a\u53ca\u5831\u540d\u96fb\u8166\u88dc\u7fd2\u8ab2\u7a0b\u5427! 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href=\"https:\/\/www.mobileworldlive.com\/nokia\/nokia-slashes-profit-target-on-networks-challenges\/\">Nokia slashes profit target on Networks challenges<\/a> appeared first on <a href=\"https:\/\/www.mobileworldlive.com\/\">Mobile World Live<\/a>.<\/p>\n","protected":false},"author":130,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-container-style":"default","site-container-layout":"default","site-sidebar-layout":"default","disable-article-header":"default","disable-site-header":"default","disable-site-footer":"default","disable-content-area-spacing":"default","footnotes":""},"categories":[22],"tags":[61,122,127,129,124,128,125,132,131,133,126,130,123,66,94,88,97,56,64,65,60,112,40,75,95,104,33,120,105,101,98,115,30,29,41,86,70,69,68,72,71,26,118,108,87,46,55,48,52,54,51,50,83,62,58,57,109,35,59,63,85,79,82,96,80,27,81,114,44,42,43,45,38,39,110,117,100,111,116,73,89,90,92,91,93,84,78,37,102,34,36,77,67,74,99,113,119,28,121,32,47,49,53,103,31,76],"class_list":["post-60372","post","type-post","status-publish","format-standard","hentry","category-mobile","tag-airpods","tag-anime","tag-anime-characters","tag-anime-cosplay","tag-anime-edits","tag-anime-merchandise","tag-anime-movies","tag-anime-news","tag-anime-recommendations","tag-anime-reviews","tag-anime-series","tag-anime-streaming","tag-animes","tag-app-store","tag-app-store-samsung","tag-appgallery","tag-appgallery-oneplus","tag-apple","tag-apple-music","tag-apple-tv","tag-apple-watch","tag-bbc-sport","tag-best-mobile-games","tag-bixby","tag-bixby-xiaomi","tag-champions-league","tag-cyberpunk","tag-cyberpunk-2077","tag-fantasy-football","tag-fifa","tag-football","tag-formula-1","tag-fortnite","tag-free-fire","tag-free-mobile-games","tag-freebuds-pro","tag-galaxy-a52","tag-galaxy-note-20","tag-galaxy-s21","tag-galaxy-watch-4","tag-galaxy-z-fold-3","tag-game","tag-games","tag-golf","tag-harmonyos","tag-how-to-backup-iphone","tag-how-to-factory-reset-iphone","tag-how-to-reset-iphone","tag-how-to-restore-iphone","tag-how-to-unlock-iphone","tag-how-to-unlock-iphone-5","tag-how-to-unlock-iphone-6","tag-huawei","tag-ios","tag-ipad","tag-iphone","tag-live-soccer","tag-lol","tag-macbook","tag-macos","tag-mate-40-pro","tag-mi-11-lite","tag-mi-home-security-camera-basic-1080p","tag-mi-home-security-camera-basic-1080p-huawei","tag-mi-smart-band-6","tag-minecraft","tag-miui","tag-mlb-scores","tag-mobile-game-design","tag-mobile-game-development","tag-mobile-game-marketing","tag-mobile-game-monetization","tag-mobile-games","tag-mobile-gaming","tag-nba-scores","tag-nba-standings","tag-nfl","tag-nfl-scores","tag-nhl-scores","tag-one-ui","tag-oneplus","tag-oneplus-9-pro","tag-oneplus-buds-pro","tag-oneplus-nord-ce-5g","tag-oxygenos","tag-p40-pro-plus","tag-poco-x3-pro","tag-pokemon","tag-premier-league","tag-pubg","tag-pubg-mobile","tag-redmi-note-10-pro","tag-samsung","tag-samsung-pay","tag-soccer","tag-sports","tag-steam","tag-steeam","tag-top-10-anime","tag-valorant","tag-when-do-the-iphone-7-come-out","tag-when-does-the-iphone-7-come-out","tag-when-is-the-iphone-7-coming-out","tag-world-cup","tag-xbox-series-x","tag-xiaomi"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/60372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/users\/130"}],"replies":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/comments?post=60372"}],"version-history":[{"count":0,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/60372\/revisions"}],"wp:attachment":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/media?parent=60372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/categories?post=60372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/tags?post=60372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}