Nokia Q1 revenue decline on the back of poor mobile networks demand

Nokia said the loss compared with a profit of 177 million euros a year earlier.
Nokia reported Tuesday a first-quarter net loss of 513 million euros ($584 million) due to lower demand in mobile networks as well as the impact of its acquisition of Alcatel-Lucent, and warned of a further decline in earnings.
In the company’s first earnings report since the 15.6-billion-euro acquisition, Nokia said the loss compared with a profit of 177 million euros a year earlier.
Net sales were 5.5 billio