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General

Nokia cuts outlook, drops dividend on tough competition in 5G market

Thursday 24 October 2019 | 08:46 CET | News
Nokia has cut its outlook for this year and next, citing tough competition in the early days of the 5G market. The company said it will suspend dividends in Q3 and Q4 in order to invest more in improving its portfolio and strengthening its cash position. 

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Categories: General
Companies: Nokia
Countries: World
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