HELSINKI: Finnish telecoms equipment maker Nokia reported on Thursday a first quarter profit, but said it was disappointed by its networks unit’s profitability ahead of its acquisition of rival Alcatel-Lucent.

Nokia posted a net profit of 177 million euros ($198 million) in the January to March period, compared to a loss of 239 million euros in the first quarter a year ago.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details