Tuesday, 06 December 2016

NSN steps up as Nokia prepares for life after handsets

By Nick Wood, Total Telecom
Thursday 23 January 14

Network equipment division sees revenue slide to $3.1bn; accounts for 89% of group revenue, excluding soon-to-be-divested mobile devices business.

Nokia on Thursday for the first time reported a set of quarterly results that did not count its handset business under its group financials. "After receiving shareholder confirmation and approval...for the pending sale of substantially all of its Devices and Services business, Nokia is currently reporting substantially all of its former Devices and Services business as discontinued operations…

Nokia on Thursday for the first time reported a set of quarterly results that did not count its handset business under its group financials. "After receiving shareholder confirmation and approval...for the pending sale of substantially all of its Devices and Services business, Nokia is currently reporting substantially all of its former Devices and Services business as discontinued operations…

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