Nokia stops deliveries to Russia

A cyclist rides past a Nokia logo
A cyclist rides past a Nokia logo during the Mobile World Congress in Barcelona, Spain February 25, 2018. REUTERS/Yves Herman

March 1 (Reuters) - Nokia (NOKIA.HE) will stop deliveries to Russia to comply with sanctions imposed on the country following the invasion on Ukraine, the Finnish network equipment maker said on Tuesday.

"This is a complex situation which is evolving rapidly and we continue to assess it", the company, which supplies MTS (MTSS.MM), Vimpelcom, Megafon (MFON.MM) and Tele2 in Russia, told Reuters.

Reporting by Boleslaw Lasocki, editing by Louise Heavens

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