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Nokia's profits fall more than forecast

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The company said that sales of mobile network products were particularly weak, accounting for around 80 per cent of the overall decline in network sales.

Helsinki

NOKIA'S second-quarter profit fell more sharply than expected, partly the result of telecom operators spending less on faster mobile networks, while the company raised a cost-cutting target for its newly-acquired Alcatel-Lucent business.

Nokia said on Thursday that second-

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