Will Nokia's Q3 Earnings be Hurt by a Top Line Contraction?

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In the third quarter, Nokia secured a multi-year agreement for an undisclosed amount from AT&T Inc.to help modernize the fiber infrastructure of the telecom carrier.

Per the five-year deal, Nokia will deploy its Lightspan MF and Altiplano platforms to develop state-of-the-art networks to cater to the growing demand for more capacity and enhanced broadband services.

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Author / Journalist: Zacks

Category: Technology

Markets: United StatesBrazilIndiaMalaysiaPortugalTaiwan

Topics: Large Cap Tech News Earnings Beats Trading Ideas GLW Earnings Analyst Ratings NOK Mid Cap Economics Contributors QRVO Contracts Penny Stocks TMUS Macro Economic Events Markets

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-09 @ 18:45:48 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 729 words

Reading Time: 5 minutes read

Sentences: 37 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 22971627

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