By Ritsuko Ando HELSINKI (Reuters) - Nokia has reported a steep fall in sales at its network equipment division, raising concerns about growth prospects for what will be its primary operation after selling its former flagship phone business to Microsoft. The Nokia Solutions and Networks (NSN) division's fourth-quarter sales fell 22 percent from a year earlier to 3.1 billion euros ($4.2 billion) as it failed to make up for the completion of large-scale Asian projects and withdrawal from some low-margin businesses earlier in the year. Meanwhile sales in the Devices and Services division which it is selling to Microsoft for 5.4 billion euros ($7.4 billion) fell 29 percent to around 2.6 billion euros as it struggled with "competitive industry dynamics". Nokia's shares were down 10 percent at 5.15 euros by 1600 GMT (11:00 ET), a gain of more than 70 percent since the MicrosfMicrosoftt deal was announced in September, and analysts said much of the sell-off was due to worries about NSN, which will account for around 90 percent of Nokia's sales after the Microsoft deal is completed later this quarter.
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