Nokia will pull out of the Russian market, the Finnish telecoms provider said on Tuesday, a day after rival Ericsson decided to suspend its activities in the country indefinitely.
Hundreds of mainly Western companies have announced the suspension of their activities or their departure from Russia since the invasion of Ukraine on 24 February and the severe sanctions against Moscow.
Nokia, which stopped deliveries to the country in early March, “can now announce that we will exit the Russian market,” the mobile telecoms giant said in a statement.
The move will result in a provision of 100 million euros ($108.6 million) in Nokia’s first quarter accounts, published on April 28, the group said.
Russia accounted for less than two percent of Nokia’s 2021 net sales and the group said it was maintaining its financial forecasts for 2022 “considering the strong demand we see in other regions.”
On Monday, Swedish rival Ericsson announced an indefinite suspension of its operations in Russia and said it would put its 600 employees on paid leave.
The departure of the two Western heavyweights in the global 4G and 5G market clears the way for China’s Huawei in Russia.
Huawei has been shut out of new networks in the US and many European states as Western officials voice concerns its technology could be used as a Trojan horse for Chinese espionage — accusations the company rejects.
AFP
비아그라 구매,정품 비아그라,비아그라사이트.비아그라 퀵배송,안전거래, 당일배송, 온라인최저가격 전문 온라인스토어입니다
비아그라구매사이트 100%해택,사은품 증정,이벤트 하나사면 하나 더,2022년 특별 이벤트1+1.
Viagra is divided into three doses: 25mg, 50mg, and 100mg. If you have severe sexual problems, you may think that you need to use a higher dose, but this is wrong.비아그라사이트
Viagra can cause palpitations, indigestion, dizziness, flushing, headaches, etc., so you must take 25mg at the time of initial use and check whether it suits you.정품비아그라