Nokia Corporation (ADR) (NYSE:NOK) Siemens Networks along with Finnish University and Research Network (Funet) have fruitfully tested a field trial for concurrently arrange 10 gigabits/second and 100G optical network connections for 1,000 Km.
With the success of this test it provide Funet’s the ability to build one of the fastest and efficient optical network for the future, because the firm installed the network system that can at the same time deliver 10G and 100G bandwidth services according to the demands of the clients demands as need and nature of working with ‘big data’ like scientific projects.
As Funet is a provider of network connectivity to higher education organizations and Finnish research, has said that their firm since 2008, is working with Nokia Siemens Networks and so far again Nokia’s technology has confirmed to be flexible, easy to operate and cost efficient.
While Marlin Equity Partners and Nokia Siemens Networks on 3rd December 2012 have declared that they had reached a deal, according to the deal Nokia will sell its Siemens Networks to Marlin Equity Partners. According to the deal Nokia’s Siemens Networks would be launch as an independent company, under the named Coriant, and will be the main provider of Optical Networks in the optical market.
Stock Highlights
In premarket activity, Nokia Corporation (ADR) (NYSE:NOK) stock rose 1.23%.
Revenue Measures
Nokia Corporation generated sales of $37.35 billion in last twelve months with income of -$3190.05 million. The Company showed negative -8.91% in the net profit margin and its operating margin is calculated as -3.88%. Company’s annual sales growth for the past five years was -9.98%.
Nokia past twelve months price to sales ratio was 0.33 and price to cash ratio recorded as 0.90. As far as the returns are concern, NOK return on assets stayed at -8.24% while its return on equity recorded as -26.32%.
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