Wednesday, 19 September 2018

Nokia ups outlook as China boosts Networks numbers

By Mary Lennighan, Total Telecom
Thursday 24 July 14

Finnish vendor beats expectations as it posts its first set of quarterly results since the sale of its handsets business.

Nokia on Thursday said it expects its Networks business to perform better than previously forecast this year and as a result raised its guidance. "Our expectations for the full year 2014 have improved and we now expect full-year underlying profitability for Networks to be at or slightly above our long term target range of 5%…

Nokia on Thursday said it expects its Networks business to perform better than previously forecast this year and as a result raised its guidance. "Our expectations for the full year 2014 have improved and we now expect full-year underlying profitability for Networks to be at or slightly above our long term target range of 5%…

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