Tag: Nokia Corp.
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Nokia profit falls short of expectations, as margins seen staying under pressure
[ad_1] Nokia Corp. on Thursday posted a lower-than-expected first-quarter net profit and cautioned that it is seeing some early signs of the economic environment impacting customer spending. “Given the ongoing need to invest in 5G and fiber, we see this primarily as a question of timing,” Chief Executive Pekka Lundmark said. The Finnish telecommunications company…