11-01-2022 13:19 via telecoms.com

Nokia upbeat about 2022 after topping last year’s guidance

Finnish kit vendor Nokia said on Tuesday it expects to exceed last year’s margin target, and has high hopes for 2022.
Based on preliminary results, the company said it expects to report an operating margin of 12.4-12.6% for full-year 2021, comfortably beating its previous guidance of 10-12%.
Explaining what happened, the company said in a statement that its underlying business performed as expected, but “other operating income was higher than expected including further benefits from
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