Nokia lowers cost cut target to invest in 5G and digitalisation - PRATEEK

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Tuesday, January 14, 2020

Nokia lowers cost cut target to invest in 5G and digitalisation

The Finnish telecoms equipment maker Nokia lowered its cost savings target to 500 million euros ($557 million) from the previous 700 million by the end of 2020 to invest more in 5G technology and digitalisation, it said on Tuesday.

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