Nokia posts surprise loss after rivals cut 5G network prices


Will Nokia's new smartphone be officially launched this month? — AFP Relaxnews

Stockholm: Wireless equipment maker Nokia Oyj reported an unexpected quarterly loss as it took an early hit in the battle to supply the next generation of mobile networks.

The results make it harder for Nokia to meet its 2019 earnings targets and the Finnish vendor said it was now under “significant pressure on execution in the second half.”

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