the Nokia business team leader Bhaskar Gortin to knock out the idea that Nokia was lagging behind its competitors Ericsson and Huaweita 5g networks development.
Gortin compare the Reuters news agency in an interview with 5g networks development marathon where a large focus has now been placed in the first ten minutes.
I wouldn’t say we have 5g-problem, Gortin said.
Nokia price plummeted in late October, when Nokia had introduced the earlier, more sinister prospects for the future.
– nokia’s outlook was a huge disappointment. The company cut 2019 prospects, and also in 2020 the prospects were lowered appreciably. In addition to the payment of dividends will be suspended for a few quarter period. Yes this was a huge disappointment to investors, analysts Mikael Rautanen analysis of the company inderes for comment at the time.
the Difference between Swedish rival Ericsson was quite, as it was just unveiled nearly opposite to expectations this year and next year.
Gortin is still very confident in the company. According to him, Nokia is ahead of competitors in software development, things internet (Internet of Things) deployment and wireless connections.
– I personally believe that we are at least 2-3 years ahead of the nearest competitor we ericsson to software development, Gortin said.
Nokia software to focus on unit Nokia software the operating profit increased in the third quarter compared to the previous year 108% and passed the result off the equipment manufacturer unit of network I, which has long been nokia’s main business.
Good news in the united states
Nokia got some good news in the united states at the beginning of November, when the FCC approved the country’s third and fourth largest telecom operators T-Mobile and Sprint merge. The FCC approved it by a vote of 3-2.
Nokia said last year in July to make their T-Mobile with 5g networks related to the business agreement. A multi-year contract is worth 3.5 billion dollars, or worth about 3.2 billion euros. Multi-year agreement includes, among other things, base stations, management software, equipment and engineering services.
One of the reasons the company’s frizzy displayed in the previous interim report had T-Mobile and sprint in the middle of a merge, that while waiting for the T-Mobile had frozen their investment.
see also:
the Two telecom operators received a merger authorisation in the united states – good news billion bet on the 5g:hen do to Nokia(5.11.)
Analysis: nokia’s failure ghosts rise to the surface – if the course does not turn, the front may be the company’s sales(30.10.)
the Gloomy outlook provided by Nokia huge disappointment to investors – shares in a violent crash (24.10.)
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