Power supply company Nokia has entered into a five – year contract with a US operator T-Mobiles with. The agreement concerns the expansion of the operator’s 5g network.
Nokia does not disclose the value of the agreement, but it is a continuation agreement and a continuation of the long-term cooperation between the parties.
According to Nokia, the value of the agreement has already been taken into account in the company’s guidelines issued in October. The company has instructed its operating profit margin for 2020 to be 7-10 percent, diluted earnings per share to be EUR 0.20-0.26 per share and its continuing free cash flow to be EUR 350-850 million.
The company has also instructed an operating profit margin of 7-10 percent for the current year.
Source: Arvopaperi by www.arvopaperi.fi.
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