Nokia drops Incoax from joint offering, sending shares down more than 50 percent

Published:

Nokia drops Incoax from joint offering, sending shares down more than 50 percent
Photo: Joan Mateu Parra AP/TT

First North-listed Incoax products will therefore be removed from Nokia's offering to customers, according to Incoax.

"Nokia cites a lack of customer interest in the joint solution as the reason for the decision," the company writes in a press release.

“Incoax is now evaluating the consequences of Nokia's decision, including its significance in relation to the parties' existing agreements, and has initiated a dialogue with Nokia on the further handling,” Incoax adds.

Loading related articles...

Tags

Author

TT News AgencyT
By TT News Agency. English edition by Sweden Herald, adapted for our readers

Keep reading

Loading related posts...