Nokia prepared to capitalize on its innovations and software focus as 5G networks are deployed.
Nokia continued its struggle into the second quarter of 2018, with a slightly above-consensus top line completely overshadowed by lackluster margins. According to management, the main culprits for the margin compression were the Big 4 North American wireless carriers. While these carriers have always wielded significant buying clout that has allowed them to demand concessions from equipment suppliers like Nokia, management indicated that there has been a material increase in the pricing pressure...
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