Wednesday, 26 July 2017

Nokia ups savings target as Q2 sales slide

By Nick Wood, Total Telecom
Thursday 04 August 16

Finnish vendor expects no near-term improvement in market conditions.

Nokia on Thursday raised its cost-cutting target as underlying second-quarter revenue fell 11% year-on-year. The Finnish vendor generated revenue of €5.68 billion in the three months to 30 June, compared to €6.36 billion a year earlier…

Nokia on Thursday raised its cost-cutting target as underlying second-quarter revenue fell 11% year-on-year. The Finnish vendor generated revenue of €5.68 billion in the three months to 30 June, compared to €6.36 billion a year earlier…

Please login or register to view this content

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

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