Friday, 25 May 2018

Nokia performing ahead of expectations - Fitch

By Mary Lennighan, Total Telecom
Tuesday 13 August 13

NSN has driven Nokia's 'overperformance' in past year, ratings firm says, but concerns remain over devices business.

Nokia's performance over the past 12 months has come in ahead of Fitch's expectations, but the ratings firm notes its mobile handsets business still faces a number of challenges. In the latter half of 2012 and the first half of 2013 Nokia's Devices and Services division made progress towards returning to a sustainable level of profitability…

Nokia's performance over the past 12 months has come in ahead of Fitch's expectations, but the ratings firm notes its mobile handsets business still faces a number of challenges. In the latter half of 2012 and the first half of 2013 Nokia's Devices and Services division made progress towards returning to a sustainable level of profitability…

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