Strong mo­men­tum in Europe, says Nokia CEO Ra­jeev Suri

The Political and Business Daily - - FRONT PAGE -

FIN­NISH tele­coms gear maker Nokia has good prospects for sales in Europe and North Amer­ica in the com­ing quar­ters, its chief ex­ec­u­tive said on Thurs­day af­ter the com­pany posted bet­terthan- ex­pected quar­terly re­sults.

Ra­jeev Suri, who was pro­moted in April to be­come the group's CEO, also told Reuters that Nokia was not too con­cerned that its busi­ness would be hit by po­ten­tial sanc­tions against Rus­sia due to the Ukraine cri­sis.

"In Europe, we have sig­nif­i­cant deal mo­men­tum, that we think will play into new net­work de­ploy­ment projects we ex­pect to have in the sec­ond half (of the year)," he said in a tele­phone in­ter­view.

"In North Amer­ica, we are be­tween projects at the mo­ment in roll-out and ex­pect it to ac­cel­er­ate in the com­ing quar­ters."

Asked about po­lit­i­cal ten­sions in Ukraine and the Mid­dle East, Suri said that a glob­ally op­er­at­ing com­pany al­ways has risks, but added that the com­pany saw some im­pact from the crises in some Mid­dle Eastern mar­kets in the sec­ond quar­ter.

Turn­ing to sanc­tions, he said that the com­pany is watch­ing what is hap­pen­ing and as­sured that it would com­ply with all reg­u­la­tions, and added that one would have to bal­ance the risks by seiz­ing op­por­tu­ni­ties in other ar­eas.—

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