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ExclusiveNokia annual results show a return to profit

The latest financial results from Nokia show the company making a net profit of €41 million for 2013, which compares favourably with a €1.483 billion loss in 2012. Annual net sales for the group were €12.7 billion, down 17% year-on-year.

Nokia’s NSN division - which manufactures network equipment and will be the main part of the company when its devices and services is taken over by Microsoft - made a net profit of €15 million, compared with a net loss of €1.4 billion in 2012.

ExclusiveUK consumers now protected against mid-contract landline, broadband and mobile price rises

New Ofcom guidance comes into force today, enabling consumers and small businesses to leave their landline, broadband or mobile contracts without penalty if their service provider increases the monthly subscription price unexpectedly.

The guidance, which applies to all new contracts, also notes that customers should be given at least a month’s notice of any monthly changes.

ExclusiveBlackBerry to sell most of its buildings in Canada

BlackBerry Limited says it plans to sell most of its property in its home country of Canada.

It’s working with real-estate specialist CBRE Limited to get rid of the majority of its commercial buildings through what’s described as “a combination of sale-leaseback and vacant asset sales”.

ExclusiveThree UK cannot describe its network as 3.9G, says Advertising Standards Authority

Complaints against press, poster and online advertising by Three UK have been upheld by the Advertising Standards Authority.

The ads referred to Three’s 3G network with DC-HSDPA technology. They described the network as ‘ultrafast’ and ‘running at what we affectionately call 3.9G’. Rival network EE said it thought the ‘3.9G’ claim was potentially misleading.

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