HELSINKI: Nokia, the world's No. 3 network equipment maker, on Thursday reported a surprise rise in second-quarter profits, helped by high-margin software sales and fewer low-priced contracts at its mainstay telecom network equipment business.
Finland's Nokia, which in April proposed a 15.6 billion euro take-over of its French rival Alcatel-Lucent, said operating profit at its network unit was 313 million euros ($343 million) in the second quarter, or 11.5% of sales.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!