STOCKHOLM/HELSINKI (Reuters) – Telecoms tools maker Nokia’s working margins at its networks enterprise might be zero in 2021, it mentioned on Wednesday in an replace on technique to streamline the Finnish firm into 4 enterprise teams.
The fast focus of the cellular networks enterprise might be on executing its turnaround, the corporate mentioned. It expects the enterprise to ship a comparable working margin of about 0% in 2021 and important enchancment over the long term, Nokia added.
Reporting by Supantha Mukherjee in Stockholm and Anne Kauranen in Helsinki; Modifying by David Goodman
