A move for a class action by US shareholders against Finnish telecommunications equipment provider Nokia, accusing it of defrauding them by not revealing issues in integrating Alcatel-Lucent into its business and its readiness to be a 5G leader, has been thrown out of court.
India may block Chinese telecommunications equipment vendor Huawei Technologies from selling its wares in the country under new rules that take effect in June, a report claims.
Finnish telecommunications equipment provider Nokia will struggle in the coming year with a further reduction in its market share expected, the technology analyst firm Counterpoint Research says.
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