Nokia Campus in Espoo, Finland
Telecommunications giant Nokia’s financial results for Q4 2017 are out and they are better than the initial predictions. The company reported $1,2 billion operating profit for Q4 – up from the $1,101 billion forecast.
What made the 9% increase a reality was the multi-year patent license agreement, signed between the Finnish company and another network Goliath – Huawei, which brought in $260,4 million, with more revenue expected during the term of the contract.
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