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Nokia and Ericsson: A Tale of Two Telcos

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Cyprus Company Formation
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Like a one-two punch, the two Nordic giants of telecom equipment reported results on Apr. 22 and 23 that fell short of analyst estimates. Nokia's first quarter revenues announced on Apr. 22 grew 3% from the same period a year earlier, to €9.5 billion ($12.7 billion), and net income nearly tripled ...


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