LOOKING UP: Nokia's chief executive Rajeev Suri said the company was ready to take more steps to grow this year.
HELSINKI: Finland's Nokia reported stronger-than-expected quarterly profits for its core network equipment business on the back of network roll-outs for faster 4G mobile services in North America.
Nokia, which ranks third in the global network gear market after Ericsson and Huawei said its equipment unit's core operating profit rose to €470mil (RM1.92bil) in the fourth quarter, or 14% of sales, from €397mil (RM1.62bil) in the previous quarter.
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!
