Nokia Earnings Preview: Networks In Focus

When Nokia comes out with its third quarter results, we expect its overall sales decline to improve from last quarter's figure of about 10%. The company has built a strong pipeline of orders on a number of recent contract wins in Europe, such as Everything Everywhere and Vodafone, which should help bolster sales. A revenue boost is expected in the U.S and China as well, with carriers such as T-Mobile, Sprint, China Mobile and China Telecom increasing their network spending.