10-05-2016 12:48 via financialexpress.com

Nokia network sales weighed down by Alcatel integration

Alcatel CEO Michel Combes (L) with Nokia President and CEO Rajeev Suri (R) Photo: Reuters Nokia’s mobile network equipment sales fell more than expected in the first quarter and will continue to decline this year, the Finnish company said, as customers hold off new orders while it integrates its purchase of rival Alcatel-Lucent.
Nokia bought Franco-American Alcatel for 15.6 billion euros ($17.8 billion) earlier this year to help it more broadly compete with Sweden’s Ericsson and Chi
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