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Patents boost to offset weak networks for Nokia

A Nokia logo is seen at the company's headquarters in Espoo, Finland, May 5, 2017.

Ints Kalnins

HELSINKI (Reuters) - Telecoms gear maker Nokia is likely to see a boost to quarterly earnings on Thursday from a recent patent licensing deal with Apple that offsets weak demand in its main equipment business from network operators.

However, investors have grown more nervous on the stock since loss-making Swedish rival Ericsson slashed its forecast on the global network market last week.

In a Reuters poll of analysts, Nokia's networks sales are seen falling 3 percent in the second quarter from a year ago, while revenues from its technologies unit, including patent royalties, are seen...


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