Nokia reported Q4 revenues of €6,715m, down 13% yoy at comparable as well as reported figures. The Ultra Broadband Networks segment went down by 14.7% yoy (€4,331m), with both sub-segments Mobile Networks (€3,787m, -13.6%) and Fixed Networks (€544m, -22.1%) being down; IP Networks and Applications came in at €1,737m, also down yoy (-12.1%), and leading the overall Networks business to be down by 14% yoy. Nokia Technologies displayed a massive decrease yoy (€309m,
02 Feb 2017
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Hope at last?
Nokia Oyj (NOKI:WBO) | 0 0 1.8% | Mkt Cap: 27,194m
- Published:
02 Feb 2017 -
Author:
Charles Bordes -
Pages:
3
Nokia reported Q4 revenues of €6,715m, down 13% yoy at comparable as well as reported figures. The Ultra Broadband Networks segment went down by 14.7% yoy (€4,331m), with both sub-segments Mobile Networks (€3,787m, -13.6%) and Fixed Networks (€544m, -22.1%) being down; IP Networks and Applications came in at €1,737m, also down yoy (-12.1%), and leading the overall Networks business to be down by 14% yoy. Nokia Technologies displayed a massive decrease yoy (€309m,