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Nokia CEO sets out restructuring after shares plunge 17 percent

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Harvey Broughton
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Nokia CEO Pekka Lundmark has set out his restructuring plans after poor comparative results to Ericsson tanked the company’s shares. “Our industry is undergoing profound changes. Industrial automation and digitalisation are increasing customer demand for high-performance networks, with a trend towards open interfaces, virtualisation, and cloud-native software,” said Lundmark. “As we work to renew our... Read more »

The post Nokia CEO sets out restructuring after shares plunge 17 percent appeared first on Telecoms Tech News.

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