The telecoms network market will decrease in 2017 and will start to grow again in 2018

The Finnish telecommunications company Nokia predicts that in 2017 the network market is shrinking as a result of reduced sales of around 2 percent, while in 2018 a moderate growth begins again in the market.

Nokia published its expectations at an investor conference in Barcelona on Tuesday. According to Nokia, the telecommunications equipment market will decline next year in Europe, China and in Latin America, while in North America and in the Middle East and Asia, the company expects stagnation. (MTI)