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Nokia network sales fall 22 percent

23
Jan
2014

Nokia reported a 22 percent year-on-year fall in sales at its network equipment unit, the main business which it will be left with after sale of its former flagship phones business to Microsoft for 5.4 billion euros ($7.4 billion). Nokia said on Thursday that Nokia Solutions and Networks (NSN) sales fell to 3.1 billion euros in the fourth quarter from a year earlier, shy of expectations for 3.2 billion euros in a Reuters poll.

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