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Stock impact report

Canada set to provide Nokia C$40 mln for 5G research [Reuters]

Nokia Corporation Sponsored American Depositary Shares (NOK)  More Company Research Source: Reuters
Last nokia corporation sponsored american depositary shares earnings: 4/30 01:00 am Check Earnings Report
US:NYSE Investor Relations: nokia.com/en_int/investors
PDF Canada set to provide Nokia C$40 mln for 5G research | Reuters 1 Min Read Jan 24 (Reuters) - The Canadian government will provide C$40 million ($30 million)in funding to telecom network equipment maker Nokia for research on 5G wireless technology. The funding to Finland-based Nokia will help understand how data is routed, how optical networks are managed and cybersecurity, a spokeswoman for the office of minister of Innovation, Science & Economic Development said in an email on Thursday. The deal will be announced on Friday. Canada is currently studying the security implications of 5G networks, but unlike some allies has not announced that equipment from China’s Huawei Technologies Co Ltd will be excluded. Ottawa is also locked in a bilateral dispute with China after Canadian authorities arrested Meng Wanzhou, chief financial officer of Huawei, on a U.S. extradition request. $1 = 1.3351 Canadian dollarsReporting by Shanti S Nair in Bengaluru; Editing by SrirajKalluvila All quotes del [Read more]
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