Nokia India net sales fall 33% year-over-year to 379 mn euro

Nokia India net sales fall 33% year-over-year to 379 mn euros in 4Q23, ET Telecom

“India saw a decline in the quarter, primarily in Mobile Networks reflecting the fact that the significant 5G deployments which started in the year-ago quarter have normalized. In addition there were declines in Network Infrastructure in both Optical Networks and Fixed Networks,” Nokia, which follows the January-December financial year, said in its earnings statement.

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