Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Nokia Oyj    NOKIA   FI0009000681

NOKIA OYJ

(NOKIA)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Swedish Regulator Halts 5G Auction as Court Reviews Huawei Ban

11/10/2020 | 05:36am EST

By Dominic Chopping

STOCKHOLM--The Swedish telecom regulator has halted its fifth-generation spectrum auction that was planned for Tuesday after the Stockholm administrative court suspended parts of the regulator's decision to ban the use of Huawei Technologies Co. equipment.

The Swedish Post and Telecom Agency in October banned the use of Huawei and ZTE Corp. telecom equipment in critical 5G-network infrastructure due to security concerns.

PTS, as it is known, approved four companies to participate in coming 5G-spectrum auctions and told them that Huawei and ZTE products couldn't be used in new installations of central functions, and any existing products from the two companies must be removed.

Huawei lodged an appeal against the decision to the Stockholm court on Friday.

"The administrative court has concluded that Huawei has the right to appeal PTS's decision," Chief Counsel Johan Lundmark said in a court statement.

"The conditions relating to, among other things, the use of Huawei products until further notice, don't apply during the administrative court's further examination of the case."

PTS said it will analyze the administrative court's decision and review the possibility of starting the auction as soon as possible.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

11-10-20 0535ET

Stocks mentioned in the article
ChangeLast1st jan.
CK HUTCHISON HOLDINGS LIMITED -0.96% 56.85 End-of-day quote.5.08%
ERICSSON AB 1.61% 100.8 Delayed Quote.1.45%
NOKIA OYJ -0.07% 3.3505 Delayed Quote.6.39%
TELE2 AB -0.09% 115.85 Delayed Quote.7.00%
TELENOR ASA -0.03% 146.1 Real-time Quote.0.17%
TELIA COMPANY AB 0.43% 35.04 Delayed Quote.2.80%
ZTE CORPORATION -2.26% 35.1 End-of-day quote.4.31%
All news about NOKIA OYJ
01/14EUROPE : European stocks extend gains for third day, political woes hit Italy
RE
01/14NOKIA : Picked For US Federal 5G Cybersecurity Project
MT
01/14NOKIA : Google Cloud Team Up to Develop 5G Products for Communication Service Pr..
MT
01/14Nokia selected for U.S. Federal 5G Cybersecurity Project
GL
01/14Google Cloud, Nokia partner to accelerate cloud-native 5G readiness for commu..
GL
01/14NOKIA : Barclays reiterates its Neutral rating
MD
01/14Nokia supports T-Mobile 5G evolution with five-year expansion deal
GL
01/14MARKET CHATTER : Dixon Technologies Secures Contract to Manufacture Nokia Produc..
MT
01/14T-Mobile Strikes 5-Year Deals With Ericsson, Nokia To Expand 5G Network
DJ
01/14Nokia Shanghai Bell to deploy next-generation network for Airport Authority H..
GL
More news
Financials
Sales 2020 21 531 M 25 970 M 25 970 M
Net income 2020 647 M 780 M 780 M
Net cash 2020 1 959 M 2 362 M 2 362 M
P/E ratio 2020 28,6x
Yield 2020 0,17%
Capitalization 18 871 M 22 816 M 22 762 M
EV / Sales 2020 0,79x
EV / Sales 2021 0,78x
Nbr of Employees 94 250
Free-Float 93,3%
Chart NOKIA OYJ
Duration : Period :
Nokia Oyj Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NOKIA OYJ
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 3,66 €
Last Close Price 3,35 €
Spread / Highest target 55,1%
Spread / Average Target 9,23%
Spread / Lowest Target -37,9%
EPS Revisions
Managers and Directors
NameTitle
Pekka Ilmari Lundmark President & Chief Executive Officer
Sari Maritta Baldauf Chairman
Marco Wirén Chief Financial Officer
Marcus Weldon Chief Technology Officer
Kari Henrik Stadigh Vice Chairman
Sector and Competitors
1st jan.Capitalization (M$)
NOKIA OYJ6.39%22 816
CISCO SYSTEMS, INC.1.52%191 965
FOXCONN INDUSTRIAL INTERNET CO., LTD.11.40%46 765
ERICSSON AB1.45%39 721
MOTOROLA SOLUTIONS, INC.2.05%29 421
ARISTA NETWORKS, INC.9.12%23 990