Wednesday, 20 November 2019

Opinions differ on element of surprise in Nokia's Q1 loss

By Mary Lennighan, for Total Telecom
Thursday 25 April 19

Finnish vendor reports quarterly loss of €59 million, sees near-term pressure from Huawei 5G security issue

Industry-watchers were surprised by the Q1 net loss posted by Nokia on Thursday, but the vendor itself did its best to convince the market that everything's under control. Nokia chef executive Rajeev Suri admitted that the first quarter was weak for Nokia, but "we expected that it would be…

Industry-watchers were surprised by the Q1 net loss posted by Nokia on Thursday, but the vendor itself did its best to convince the market that everything's under control. Nokia chef executive Rajeev Suri admitted that the first quarter was weak for Nokia, but "we expected that it would be…

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