Finnish mobile telecom network maker Nokia announced that it had signed frame deals with China Mobile, China Telecom and China Unicom worth more than 2 billion euros ($2.3 billion).

Finland’s Nokian Tyres cut its full-year profit outlook after reporting a surprise fall in quarterly earnings, dented by unfavorable currency moves and weak sales in Russia and the Nordics.

Finnish company HMD Global, which manufactures and markets Nokia smartphones, has announced its Nokia 6.1 has started receiving Android 9 Pie operating system (OS).

Telecom gear makers have committed to investing more than Rs 4,000 crore at the India Mobile Congress, Communications Minister Manoj Sinha said.

Telecom network equipment maker Nokia announced a new cost-cutting program after reporting another drop in quarterly profits as the industry waits operators’ demand for next-generation 5G networks to pick up pace.

Telecom equipment maker Nokia and public sector telecom operator Bharat Sanchar Nigam Limited (BSNL) on Tuesday signed a Memorandum of Understanding (MoU) to jointly explore opportunities in the public safety arena in the country.

Finnish company HMD Global that manufactures and markets Nokia smartphones on Monday roped in Bollywood actress Alia Bhatt as the face of Nokia devices in India.

India said it will raise import tariffs on several electronic items and communication devices, in another move to rein in imports and bolster a falling rupee.

The plan, which becomes effective on Friday, will potentially also hurt Indian telecoms carriers such as Reliance Jio Infocomm (RELI.NS), Bharti Airtel (BRTI.NS) and Idea, said Neil Shah of tech research firm Counterpoint.

Ahead of the festive season, Finnish company HMD Global that makes Nokia smartphones on Thursday launched Nokia 3.1 Plus at Rs 11,499 that will be available in India from October 19.