Finnish company Nokia has reportedly named head of its networks division Rajeev Suri as its new CEO.
Earlier, Suri was the head of networking equipment unit, the unit that Nokia will retain.
According to PC World, the company has reported a profit for its continuing operations, but a fall in sales and overall loss for Q1.
Nokia kept mum on the number of phones sold in Q1.
Meanwhile, the company indicated that the sales declined in both value and volume; and the average price of the phones had also declined, the report added.
