Nokia CEO optimistic, Q4 profitability better than expected, shares up

Nokia’s Q4 2016 numbers revealed a fall in revenues but margins that exceeded expectations, allowing for an optimistic outlook and a small share spike.
The dominant underlying theme for 2016 was the assimilation of Alcatel-Lucent, which Nokia says was completed ahead of schedule. One of the by-products of this seems to have been rapid realisation of the ‘synergies’ that are always listed as one of the key features of major M&A activity.
In other words, Nokia has done a good