The unit generates around 500 million euros of annual income
Nokia works with advisers to assess the interest of suitors
July 22, 2022, 07:09 UTC Updated on July 22, 2022, 07:35 UTC
Nokia Oyj is weighing a sale of its managed services business, people familiar with the matter said.
The Finnish telco is working with advisers to gauge interest from potential suitors, said the people, who asked not to be identified discussing confidential information. The unit generates annual revenue of about 500 million euros ($510 million) and is expected to draw interest from private equity firms, the people said.
