Nokia stops deliveries to Russia – Reuters

Nokia stops deliveries to Russia – Reuters

A cyclist rides past a Nokia logo during the Mobile World Congress in Barcelona, Spain February 25, 2018. REUTERS/Yves Herman

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March 1 (Reuters) – Nokia (NOKIA.HE) will stop deliveries to Russia to comply with sanctions imposed on the country following the invasion on Ukraine, the Finnish network equipment maker said on Tuesday.

“This is a complex situation which is evolving rapidly and we continue to assess it”, the company, which supplies MTS (MTSS.MM), Vimpelcom, Megafon (MFON.MM) and Tele2 in Russia, told Reuters.

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Reporting by Boleslaw Lasocki, editing by Louise Heavens

Our Standards: The Thomson Reuters Trust Principles.

Source: https://www.reuters.com/business/media-telecom/nokia-stops-deliveries-russia-2022-03-01/