Nokia withdraws from Russia

Photo: LEHTIKUVA MARKKU ULANDER / SCANPIX

The telecom giant Nokia is withdrawing from Russia as a result of the war in Ukraine, the Finnish company announced on Tuesday.

In a stock exchange release, Nokia stated that it had been clear to the company that it could not continue in Russia ever since the early days of the war in Ukraine. 

The company has scaled down its activity considerably in recent weeks but is now withdrawing completely.

The company points out that Western authorities have expressed concern that the communications network in Russia will collapse, which will have humanitarian consequences. In addition, there is a desire to keep the flow of information to ordinary Russians open.

“Therefore, at the same time as we withdraw, we aim to offer the necessary support to maintain the networks, and we apply for relevant licenses to ensure this, in line with the sanctions that currently apply,” Nokia noted.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayNews

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