Tue, 21-Oct-2025

Nokia expects strong 2022 as supply crunch eases

nokia laptop

HELSINKI: Finnish telecoms giant Nokia performed better than expected last year and foresees further growth in 2022 as a supply chain crunch and inflation are set to ease, the network equipment maker said on Tuesday. The announcement follows a string of quarterly earnings surprises for the network equipment maker, which last October managed to boost … Read more

Nokia rolls out software upgrade to 5G technology

Nokia 5G software

Telecommunication brand Nokia on Tuesday has launched its latest software update through which users can upgrade their 4G radio stations to new 5G technology without any troubles of visiting the site or replacing equipment.

Nokia hopes the software will help it in its battle against Huawei and Ericsson for the next wave of 5G orders as the technology should allow carriers to save on costs.

“This solution will save the telecommunications industry potentially tens of billions of euros in site engineering and re-visit costs,” The Finnish firm said in a statement.

Nokia said the software upgrade was available immediately for about one million radio stations, growing to 3.1 million by the end of 2020 and to over 5 million in 2021.

“By upgrading existing radio elements via software, Nokia is helping to streamline the process of refarming 4G spectrum into 5G,” the company said.

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