11-02-2016 08:00 via uk.news.yahoo.com

Nokia posts strong network result, warns over China slowdown

By Jussi Rosendahl HELSINKI (Reuters) - Finland's Nokia reported better-than-expected profits for its mainstay telecom network equipment business but warned that rollouts for new mobile networks would start to slow this year in its most vital market China. Nokia's network gear business, which accounts for more than 90 percent of its stand-alone sales, reported fourth-quarter operating profit margin of 14.6 percent, compared with 14.0 percent a year earlier and 13.8 percent in a Reuters poll of a
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