new networks

HELSINKI  | Nokia profit hit as clients wary of spending on new networks

HELSINKI  — Nokia says its second-quarter earnings slumped as clients were not willing yet to increase spending on the faster but more expensive new generation of mobile networks and are seeking price cuts. The Finnish maker of telecommunications gear said Thursday that its net profit for the April-June period came in at 144 million euros … Continue reading HELSINKI  | Nokia profit hit as clients wary of spending on new networks