Ukraine Invasion: Nokia joins Ericsson as telecom giants leave Russia

Kindly Share This Story:

Nokia, whose telecommunications equipment plays an important role providing internet and communications in Russia, said on Tuesday that it was exiting the country because of the invasion of Ukraine, the New York Times reports.

The announcement came after the company had already suspended deliveries, stopped new business and begun moving research and development work out of Russia because of the war. Nokia, based in Finland, has been a leading manufacturer of telecommunications equipment used by Russian companies to provide internet and wireless services.

Word of the departure closely follows a similar announcement by Ericsson, a rival Swedish telecommunications equipment maker, which said on Monday that it would also exit Russia. The departure of the two companies could cause difficulties as Russia seeks to expand and maintain its telecommunications networks, which are built with equipment from the two firms.


Kindly Share This Story:

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *

amehnews greetings

x
%d bloggers like this: