Nokia posts strong network results heralding special dividends

October 29, 2015 7:41 AM

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Nokia posts strong network results heralding special dividends

Nokia, the world's third biggest network equipment maker, on Thursday announced it would pay special dividends after reporting stronger-than-expected profits, as growth in China offset weaker demand in North America and Europe.

The Finnish company, which earlier this month secured regulatory approval for its proposed €15.6bn takeover of French rival Alcatel-Lucent, also pushed forward its cost synergy target of €900m by one year to 2018.

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