Nokia and Ericsson leave Russia

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 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 followed a similar announcement on Monday by Ericsson, a Swedish rival. The departures could cause difficulties as Russia seeks to expand and maintain its telecommunications networks, which are built with equipment from the two firms.

The two Nordic firms’ largest telecom rival, the Chinese giant Huawei, has not said whether it will continue to operate inside Russia. Rebuffed by the United States in recent years, it has poured resources into research and development there.

https://www.nytimes.com/2022/04/12/business/nokia-joins-eric…

Jaak

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