Friday, 27 April 2018

Nokia's networks woes hit Q3 numbers

By Mary Lennighan, Total Telecom
Friday 27 October 17

Finnish vendor blames competition in China and looming operator consolidation for declines at its networks business, talks up patent licensing arm

Nokia reported a weak performance at its networks business in the third quarter of the year and warned of an ongoing market decline in mobile networks in 2018. The Finnish vendor posted net sales of €5.54 billion in the three months to the end of September, down by 7% on the year…

Nokia reported a weak performance at its networks business in the third quarter of the year and warned of an ongoing market decline in mobile networks in 2018. The Finnish vendor posted net sales of €5.54 billion in the three months to the end of September, down by 7% on the year…

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