Nokia CEO Rajeev Suri denied in an analyst call on Thursday that the company might be selling some of its units.

Pekka Lundmark, President and CEO of Fortum, will take over as Nokia's new President and CEO at the beginning of September. According to Surin, it is possible that the new CEO will reconsider the strategy because “it is very normal”.

Nokia announced its results for the first half of the year on Thursday, which were better than market expectations.