Nokia 5G: Nokia’s quarterly profit exceeds 5G demand, Telecom News, ET Telecom

2021-11-22 05:18:21 By : Mr. Vilgot H

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The Finnish-based company’s share price rose 5% as investors praised its efforts to get back on track after product failures last year by taking advantage of 5G demand and grabbing market share from competitors (especially in China).

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Jio lost more than 11 million users in the second quarter to September, for 429.5 million users, because low-end mobile users did not recharge due to financial difficulties caused by the pandemic.

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