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Shares in the company were up 0.2 percent as of 1120 GMT versus
a Helsinki bourse down 1.42 percent.
Nokia's network equipment sales fell more than expected in the
first quarter as buyers held off due to the Alcatel integration
process.
China Mobile is Nokia's biggest customer in China.
"In the light of this announcement, China is not the market
which one should be very worried about this year. They've
managed to hold on to the positions of old Nokia and old
Alcatel," said Nordea analyst Sami Sarkamies, who holds a 'buy'
rating on the stock.
He added that North America remained a concern.
"Large customers there are waiting for Nokia to convince them
with their integration plans before restarting orders in regular
pace."
Nokia bought Franco-American firm Alcatel-Lucent earlier this
year in an all-share deal worth 15.6 billion euros. The deal is
seen helping it more broadly compete with Sweden's Ericsson and
China's Huawei [HWT.UL] in both fixed-line and mobile network
equipment.
The company is expected to cut 10,000 to 15,000 jobs globally,
or up to 14 percent of its workforce.
($1 = 0.8872 euros)
(Reporting by Jussi Rosendahl; editing by Jason Neely)
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