https://www.theregister.co.uk/2019/10/24/big_three_5g_kit_maker_nokia_downgrades_profits/

Nokia – one of the so-called "Big Three" 5G kitmakers – has downgraded profit forecasts for the year and cancelled dividends, saying investments in next-generation services have not yet yielded expected returns.

The company trimmed its 2019 profit outlook to earnings per share of €0.18-0.24 from a previous forecast of €0.25-0.29. It will not distribute cash to shareholders in the current fiscal, and it isn't expecting a full recovery for its earnings until 2021.