Monday, 20 November 2017

Nokia CEO 'disappointed' with 2016 sales

By Nick Wood, Total Telecom
Friday 03 February 17

Rajeev Suri expects a better performance in 2017; sees potential for margin expansion on improving market conditions.

Nokia CEO Rajeev Suri said this week he was disappointed by Nokia's topline performance iin 2016, but said improving market conditions point to a brighter 2017. The Finnish kit maker on Thursday reported full-year revenues of €23.95 billion, down 10% on 2015. Networks revenue fell 12% to &euro…

Nokia CEO Rajeev Suri said this week he was disappointed by Nokia's topline performance iin 2016, but said improving market conditions point to a brighter 2017. The Finnish kit maker on Thursday reported full-year revenues of €23.95 billion, down 10% on 2015. Networks revenue fell 12% to &euro…

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