NOKIA PROFIT SUBSTANTIALLY UP ON NEW OPERATING MODEL, 5G
Techlife News|Techlife News #509
Wireless network maker and 5G technology provider Nokia reported substantially improved second-quarter profit Thursday, citing the help of its new operating model and booming sales of 5G equipment.

The company, based in Espoo, Finland, reported net profit of 539 million euros ($640 million) for the April-June period, up 71% from 316 million euros a year earlier. Sales were up 4% at 5.3 billion euros.

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