Nokiaâ€™s share price benefitted by as much as 2.4 % after Swedish carrier Tele2 announced at their capital day that has sold out of Lumia smartphones, but were expecting more before Christmas.
â€œWe sold out of the Lumia and hope to get more before Christmas,â€ Thomas Ekman, head ofTele2 ABâ€™s Swedish operations, said in an interview in Stockholm today.
The strong sales were attributed at least in part to the presence of LTE in the handsets, with the iPhone 5 unable to connect to Tele2â€™s LTE network. The iPhone 5 only supports 2 LTE networks in Europe, Deutsche Telekom AG in Germany and EE UK, while the Lumia 920 supports 12.
Of note however is that Tele2â€™s shipments was only between 2 and 3 000 units, indicating that a significant supply issue still exists for these popular handsets.
Thanks Josip for the tip.