News Column

NSN Q2 Greater China Sales in Double Digit Growth

August 13, 2014

SHANGHAI, August 13, SinoCast -- Nokia Solutions and Networks (NSN) harvested non-IFRS operating profit of EUR 281 million in the second quarter. Sales value fulfilled double-digit growth in Greater China, further consolidating leading status in China as foreign companies.

In second-phase TD-LTE bidding invitation kicked off by China Mobile, NSN is the sole foreign company to obtain double-digit market share, further extending 4G coverage in China to 18 of the 31 provinces, municipalities and autonomous regions, including Beijing, Shanghai and Guangdong. Both sides will team up to offer TD-LTE service to top motorcycle race held in Shanghai to assure solid 4G communication during the race.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Sinocast Telecommunications Beat (China)

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters