Nokia reported Q1 revenues of €5,676m, down 10.8% yoy at comparable. Within the new reporting perimeter, the Ultra Broadband Networks segment went down by 11.5% yoy, due to a fall in Mobile Networks (€3,185m, -14.4%) partially offset by growth in the Fixed Networks business (€622m, +7.2% yoy); IP Networks and Applications came in at €1,421m, sharply down yoy (-10.8%), while Nokia Technologies declined yoy (€194m, -11.4%) but would have been up by 10% excluding the imp
04 Aug 2016
Even less growth, even more synergies: transition will last
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Even less growth, even more synergies: transition will last
Nokia Oyj (NOKI:WBO) | 0 0 1.8% | Mkt Cap: 27,194m
- Published:
04 Aug 2016 -
Author:
Charles Bordes -
Pages:
3
Nokia reported Q1 revenues of €5,676m, down 10.8% yoy at comparable. Within the new reporting perimeter, the Ultra Broadband Networks segment went down by 11.5% yoy, due to a fall in Mobile Networks (€3,185m, -14.4%) partially offset by growth in the Fixed Networks business (€622m, +7.2% yoy); IP Networks and Applications came in at €1,421m, sharply down yoy (-10.8%), while Nokia Technologies declined yoy (€194m, -11.4%) but would have been up by 10% excluding the imp