25.4% of the phones sold in Russia in 2006 were made by Nokia!
By Stefan Constantinescu on Monday, January 29th, 2007 at 7:35 PM PST In Financial/Corporate News
Nokia (NYSE: NOK) didn’t post their 2006 4Q results by country, they did it by continent. Data from Russia however has just been published:
The Russian sales of Finnish telecommunications equipment producer Nokia rose 7.7% on the year to 1.518 billion euros in 2006, the company said in a press release Monday.
In Russia, Nokia accounted for 25.4% of the mobile handset market in 2006, according to estimates of Russia’s largest mobile handset retailer Euroset.
Nokia controlled about 36% of the world’s mobile handset market in 2006, according to the company’s own estimates.
Source: Cellular News
