financetom
Business
financetom
/
Business
/
Nokia, Latvijas Mobilais Telefons Collaborate on 5G Tactical Communications System
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nokia, Latvijas Mobilais Telefons Collaborate on 5G Tactical Communications System
Nov 7, 2025 3:56 AM

06:32 AM EST, 11/07/2025 (MT Newswires) -- Nokia ( NOK ) has signed an agreement with Latvian mobile operator Latvijas Mobilais Telefons to develop a 5G tactical communications system for defense applications in the Baltic region, the companies said Friday.

Under the deal, Nokia's ( NOK ) 5G radio technology will integrate with LMT's defense solutions to create a secure high-speed network for real-time data exchange between unmanned vehicles, sensors, and military teams.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Assurant beats third-quarter profit estimates on Global Housing unit growth
Assurant beats third-quarter profit estimates on Global Housing unit growth
Nov 5, 2024
Nov 5 (Reuters) - Insurer Assurant reported a better-than-expected third-quarter profit on Tuesday, driven by growth in its global housing segment and higher investment returns. The company's global housing unit, which offers lender-placed homeowners, manufactured housing and flood insurance, posted net earned premiums, fees and other income of $603.8 million, a 9% jump from the previous year. The unit benefited...
Brazil steelmaker Gerdau beats profit estimates despite 10% decline
Brazil steelmaker Gerdau beats profit estimates despite 10% decline
Nov 5, 2024
(Adds financial details) SAO PAULO, Nov 5 (Reuters) - Brazilian steelmaker Gerdau ( GGB ) posted a 10% decline in its third-quarter adjusted net profit on Tuesday, falling to 1.43 billion reais ($248.7 million) but still above the 1.36 billion reais expected by analysts polled by LSEG. WHY IT'S IMPORTANT Gerdau ( GGB ) is Brazil's largest steelmaker by market...
Kinross Gold Up 1.7% After Hours on Higher Third-quarter Profit and Revenue; Production Guidance Reaffirmed
Kinross Gold Up 1.7% After Hours on Higher Third-quarter Profit and Revenue; Production Guidance Reaffirmed
Nov 5, 2024
05:35 PM EST, 11/05/2024 (MT Newswires) -- Kinross Gold ( KGCRF ) (K.TO, KGC) was last seen up 1.7% in after-hours New York trading after it said Tuesday its third-quarter adjusted profit and revenue rose year-over-over, with the company reaffirming its 2024 production guidance. Adjusted profit, excluding most one-time items, rose to US$298.7 million, or US$0.24 per share, in the...
Targa Resources Q3 Net Income Rises, Revenue Falls
Targa Resources Q3 Net Income Rises, Revenue Falls
Nov 5, 2024
06:38 AM EST, 11/05/2024 (MT Newswires) -- Targa Resources ( TRGP ) reported Q3 net income Tuesday of $387.4 million, up from $220 million a year earlier. Analysts polled by Capital IQ expected $370.8 million. Revenue for the quarter ended Sept. 30 was $3.85 billion, down from $3.9 billion a year earlier. Four analysts surveyed by Capital IQ expected $4.06...
Copyright 2023-2026 - www.financetom.com All Rights Reserved