financial results

Non-wireless business propels Nokia to improve outlook

Nokia slightly improved its full-year outlook after delivering a healthy quarter, driven mainly by its network infrastructure and licensing business groups, partly offset by weakness in the mobile networks business.

Rakuten Mobile loss almost doubled in Q2

Operating loss incurred at Japan’s challenger operator increased by 85% in Q2 to reach $900 million, which the company attributed to aggressive investment in network rollout and rising roaming cost.

BT loses 7% of revenues to COVID-19

BT has reported its financial results for the three-month period to June 30, with the revenues taking a 7% decline due to the impact of the coronavirus.

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