Monday, 20 August 2018

Nokia preps 'hero' Lumia handset to reinvigorate US shipments

By Nick Wood, Total Telecom
Thursday 18 April 13

Cost cutting helps struggling Finnish handset maker narrow Q1 loss, but revenue, smartphone volumes slump.

Nokia on Thursday turned in another dismal set of first quarter results, as growing Lumia smartphone shipments were more than offset by the challenges faced at its low-cost handsets division. "Our mobile phones business had a very tough quarter," admitted CEO Stephen Elop, during the company's quarterly investor call, which he attributed to intensifying competition from low…

Nokia on Thursday turned in another dismal set of first quarter results, as growing Lumia smartphone shipments were more than offset by the challenges faced at its low-cost handsets division. "Our mobile phones business had a very tough quarter," admitted CEO Stephen Elop, during the company's quarterly investor call, which he attributed to intensifying competition from low…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry