Nokia reports another loss as networks sag
Finland's telecoms giant Nokia reported on Wednesday that it remained deep in the red at the start of the year, with sales in its main business, networks, on the decline.
Apr 27, 2017, 13:06 PM ISTNokia`s result "far above expectations": Analyst
The company reported group sales increased nine percent compared with the same period last year, to 3.2 billion euros ($3.5 billion).
Jul 30, 2015, 17:33 PM ISTNokia, Alcatel-Lucent post strong results as merger approaches
Shares in telecom network gear makers Nokia and Alcatel-Lucent jumped on Thursday after both posted strong second-quarter results, giving a positive signal ahead of their pending merger.
Jul 30, 2015, 17:00 PM ISTNokia's telecom network profit drops in first quarter
Overall revenue held up well to come in slightly ahead of forecasts, but Nokia said profits dropped due to lower software sales, higher research and development costs and challenging conditions in Europe and Latin America.
Apr 30, 2015, 13:07 PM ISTNokia's network unit beats on N. America growth
The unit`s fourth-quarter operating profit rose to 470 million euros ($530 million) or 14 percent of sales, from 397 million euros in the previous quarter.
Jan 29, 2015, 16:33 PM ISTNokia lifts long-term profitability target
Nokia sold its struggling handset business in April to Microsoft in a 5.6 billion euros ($7 billion) deal that transformed it into an almost pure play network equipment maker.
Nov 14, 2014, 15:20 PM ISTNokia raises networks outlook after Q2 profit beats estimates
Nokia sold its once-dominant phone business to Microsoft in April. After the deal, almost 90 percent of Nokia`s sales come from its network unit.
Jul 24, 2014, 13:50 PM IST