Tag Archives: Nokia Siemens Networks

Business, Finance, Occupation & Industry

Nokia Earnings Disappoint, Windows Phones Fall Short

Leave a comment

By 24/7 Wall St.

Filed under:

Nokia Corp. (NYSE: NOK) had another rough quarter. The numbers show the company still cannot make progress against powerful competition from Apple Inc. (NASDAQ: AAPL) and Samsung.

The new Windows phones from Nokia and Microsoft Corp. (NASDAQ: MSFT) have not sold well, which is a blow to the fortunes of both companies. Microsoft’s success in the PC sector has begun to disappear, leaving mobile as one of the few industries in which it can grow.

According to the Nokia earnings announcement:

Nokia Group non-IFRS EPS in Q1 2013 was EUR -0.02; reported EPS was EUR -0.07.
– Nokia Group achieved underlying operating profitability for the third consecutive quarter, with a Q1 non-IFRS operating margin of 3.1%.
– Devices & Services achieved underlying profitability for the second consecutive quarter, with a Q1 non-IFRS operating margin of 0.1%. Devices & Services benefitted from a strong focus on cost as well as the reversal of approximately EUR 50 million of previously recognized inventory related allowances in Q1.
– Nokia Siemens Networks achieved underlying profitability for the fourth consecutive quarter, with a Q1 non-IFRS operating margin of 7.0%. Nokia Siemens Networks benefitted from strong gross margin performance in Q1.

Nokia Group net sales in Q1 2013 were EUR 5.9 billion
– Devices & Services Q1 net sales decreased 25% quarter-on-quarter to EUR 2.9 billion.
– Lumia Q1 volumes increased 27% quarter-on-quarter to 5.6 million units, reflecting increasing momentum.
– Mobile Phones Q1 volumes decreased 30% quarter-on-quarter to 55.8 million units, reflecting competitive industry dynamics and an estimated higher than normal seasonal decline in the market addressable by Mobile Phones.
– Nokia Siemens Networks net sales decreased 30% quarter-on-quarter to EUR 2.8 billion, reflecting industry seasonality

Those numbers were below expectations.

Filed under: 24/7 Wall St. Wire, PC Companies, Technology Companies, Wireless Tagged: AAPL, MSFT, NOK

Read | Permalink | Email this | Linking Blogs | Comments

From: http://www.dailyfinance.com/2013/04/18/nokia-earnings-disappoint-windows-phones-fall-short/

Business, Finance, Occupation & Industry

Infonetics: LTE Market Nearly Doubling in 2013

Leave a comment

By Business Wirevia The Motley Fool

Filed under:

Infonetics: LTE Market Nearly Doubling in 2013

CAMPBELL, Calif.–(BUSINESS WIRE)– Market research firm Infonetics Research released excerpts from its 4th quarter 2012 (4Q12) and year-end 2G, 3G, 4G Mobile Infrastructure and Subscribers report, which tracks 2G, 3G, LTE, and WiMAX network equipment and subscribers.

ANALYST NOTE

“The U.S., Japan, and South Korea have been fueling the engine with LTE, but weak activity in BRIC countries dragged the overall mobile infrastructure market in 2012,” notes Stéphane Téral, principal analyst for mobile infrastructure and carrier economics at Infonetics Research. “The good news, though, is that this year BRIC is coming back with some serious LTE spending.”

Téral adds: “We’re forecasting the LTE market to almost double in 2013, easily passing the $10-billion mark for the first time. Operators are in the midst of a second wave of LTE deployments, and LTE-Advanced is gearing for true 4G prime time, with NTT DOCOMO, SK telecom, and likely Russia’s Yota all planning launches this year.”

MOBILE INFRASTRUCTURE MARKET HIGHLIGHTS

  • The global mobile infrastructure market—including 2G/3G, LTE, and WiMAX—rose 6% sequentially in 4Q12, to $10.8 billion, driven by North America, China, and sustained modernization projects in Europe
  • LTE revenue grew 115% in 2012 from 2011, fueled by an onslaught of new deployments worldwide paired with the existing strong markets of Japan, North America, and South Korea
  • The GSA reports that 145 commercial LTE networks have been launched in 66 countries as of January 2013
  • Ericsson maintains its lead in the LTE infrastructure market, though Nokia Siemens Networks is closing the gap as of the 4th quarter; meanwhile Alcatel-Lucent is #2 for the full year 2012 and posted its best LTE quarter to date in 4Q12
  • Subscriber growth is driving the mobile infrastructure market: wireless subscribers hit 6 billion in 2012 and are expected to reach 7 billion by 2017, including 569 million LTE subscribers
  • South …read more
    Source: FULL ARTICLE at DailyFinance
Business, Finance, Occupation & Industry

Nokia Siemens CFO exits after restructuring drive

Leave a comment
A red traffic light is pictured next to the company logo of Mobile network equipment maker Nokia Siemens Networks (NSN), in Munich

COPENHAGEN (Reuters) – Telecom equipment maker Nokia Siemens Networks announced the departure of its chief financial officer Marco Schroeter, a close confidant of a Siemens executive who criticized the joint venture's massive job cuts in Germany. Schroeter was known to be close to Siemens CFO Joe Kaeser, who was quoted in a German paper last year as saying that NSN should have talked to German labor leaders before cutting jobs there. NSN gave no reason for the departure, effective immediately, except to say it was part of a company transformation. …

…read more
Source: FULL ARTICLE at Yahoo Business

Computers

Cellular carriers seek smooth handoffs from LTE to 3G

Leave a comment

Mobile engineers have successfully demonstrated the handoff of a voice call from LTE to 3G, a capability that may prove critical in carriers’ plans to put voice on their new, fast data networks.

Engineers from Telefonica Deutschland used SRVCC (Single Radio Voice Call Continuity) to move a call without disruption from an LTE to a 3G network. The test took place in a lab and was carried out over equipment from at least six different vendors in an effort to emulate mixed real-world networks, according to Telefonica.

Keeping a subscriber’s call going as they move out of an LTE coverage area will probably be important to the deployment of VoLTE (voice over LTE), a technology that breaks a voice call into packets and transmits it as data traffic. Carriers that can’t fill their whole coverage area with LTE will need a way to make the handoff. SRVCC, part of the 3GPP family of standards that underlies GSM and LTE, has wide support to become that mechanism. Products from Ericsson, Huawei Technologies, Nokia Siemens Networks, Acme Packet, Qualcomm and Sony Mobile were included in Telefonica’s demonstration network.

However, the need for SRVCC is expected to trail demand for VoLTE itself, which is only slowly emerging. Even most carriers that have extensively deployed LTE are still transmitting voice over their older 3G networks, which are expected to remain online for many years.

To read this article in full or to leave a comment, please click here

…read more
Source: FULL ARTICLE at PCWorld

News, Politics, Government

Alcatel-Lucent boss leaving as losses mount

Leave a comment

Alcatel-Lucent CEO Ben Verwaayen is leaving the loss-making French-U.S. telecommunications gear maker after a failed four-year bid to return it to profit.

Verwaayen said in a statement Thursday that it was “clear to me that now is an appropriate moment” for Alcatel-Lucent to seek new leadership.

The Dutchman’s surprise departure comes as Alcatel-Lucent reported losing €1.37 billion last year, compared to a €1.1 billion gain a year earlier.

No details on Verwaayen’s replacement were provided. He has agreed to stay on as caretaker until a successor can be found. Alcatel-Lucent said it wll look at candidates both internally and from outside the company.

Verwaayen joined Alcatel-Lucent in 2008 after the ouster of the previous management led by American Patricia Russo. Russo and her French counterpart Serge Tchuruk had masterminded the $11.6 billion merger of Lucent of the U.S. and Alcatel of France. The combined company has racked up many billions of euros in losses since its creation in 2006, something Verwaayen has spent four years trying to reverse.

Alcatel-Lucent supplies telecom operators and corporations the technology for building global communications networks. It has suffered from repeated rounds of costly layoffs and restructuring, as well as intense competition from the likes of Ericsson of Sweden, China’s Huawei and Nokia Siemens Networks, a Finnish-German joint venture.

…read more
Source: FULL ARTICLE at Fox World News

News, Politics, Government

Nokia Needs To Sustain Lumia Momentum In 2013

Leave a comment

By Trefis Team, Contributor   Nokia’s announced a strong set of results Thursday, finishing what has been a very volatile year for the company with a net profit in the final quarter. While Lumia shipment volume of 4.4 million units was more than 4 times the same in the year-ago quarter, the newly launched full-touch Asha phones saw close to 45% growth in unit sales sequentially. The strong Lumia performance, together with a sustained high demand for Asha smartphones in the emerging markets, helped the company maintain underlying profitability for the full year despite reporting losses in the first half of the year. A big reason for Nokia’s relative outperformance in the second half has also been the ongoing turnaround at its infrastructure JV with Siemens, Nokia Siemens Networks, which reported an all-time high operating margin (non-IFRS) of 14.4% last quarter.
Source: FULL ARTICLE at Forbes Latest

News, Politics, Government

Nokia Gets A Boost As Its Infrastructure JV Returns To Strength On LTE Wins

Leave a comment

By Trefis Team, Contributor While the spotlight has been mainly on Nokia’s smartphone business of late as the company negotiates a tricky turnaround with its Windows Phone-based Lumia series, its oft-ignored telecom joint venture with Siemens seems to be finally turning the corner. Nokia Siemens Networks, the 50:50 JV between Nokia and Siemens, recently issued positive guidance for the fourth quarter 2012 announcing that its operating margins (non-IFRS) will exceed its previous guidance on the higher end by at least 100 basis points.
Source: FULL ARTICLE at Forbes Latest

News, Politics, Government

Nokia Soars As Q4 Lumia Shares Top Previous Guidance

Leave a comment

By Eric Savitz, Forbes Staff Will wonders never cease! Nokia shares are trading sharply higher Thursday morning after the mobile phone company said Q4 results were better than expected, thanks to strong sales of the company’s Windows Phone 8-based Lumia smartphones. The company also is seeing better-than-expected results at Nokia Siemens Networks. The company said its Devices […]
Source: FULL ARTICLE at Forbes Latest