Nokia sales lowest since 2015

Nokia's net sales declined 18% to €4.47bn between April and June compared to a year earlier. 

Sales at Finnish telecoms company Nokia fell during the second quarter to their lowest of any period since 2015, missing analyst estimates, as weak investment in mobile-network upgrades continues to hobble the 5G equipment market.

Net sales declined 18% to €4.47bn in the quarter from a year earlier, the company said on Thursday.