Nokia has reported the delivery of double-digit sales growth for the first quarter 2020, with 5G deal “momentum continuing”, with 70 commercial deals and 21 live networks for the three months of the quarter.
Telecommunications network traffic has been spiking around the world, demonstrating the critical roles of networks and connectivity during the coronavirus pandemic, according to Nokia, which just published its annual global sustainability report.
Nokia’s net profits for the fourth quarter 2019 more than doubled to 563 million euros, up from 203 million euros in the previous year quarter.
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