Nokia's surprise profit rise fails to salvage 2019 dividend

HELSINKI (Reuters) - Cost cuts helped Nokia to a surprise rise in its October-December underlying profit on Thursday, although the Finnish telecom network equipment maker flagged tough times ahead and said it would not propose a dividend for 2019.Nokia slashed its outlook in October and halted dividend payouts, blaming a need to step up investments in 5G and knocking more than a fifth from its value. But on Thursday, Nokia said its underlying earnings for the quarter ending in December rose..