Nokia cut benefit viewpoint in battle for 5G business

HELSINKI, Oct 24 (Reuters) – Finland’s Nokia cut its 2019 and 2020 benefit point of view toward Thursday, saying benefits would go under weight as the organization spends more to battle off opponents in the quickly developing 5G systems business. The telecom organize gear creator, which met second from last quarter benefit desires, likewise said it would stop profit installments to bring ventures up in 5G and possibly continue them when its money position improves to around 2 billion euros. “Competitive intensity has increased in some accounts as some competitors…

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