Nokia (NOK): 100 5G Deals Fail to Cover up One Big Miss

With the ramping up of global 5G networks, Nokia (NOK) is staking a claim to be one of the field’s main players. The Finnish company was once one of the world’s leading mobile phone makers, but that was long ago and over recent years has reinvented itself as a telecom equipment provider. The move appears to be paying off as it has just notched its 100th 5G deal.While Raymond James analyst Simon Leopold considers hitting the milestone as “great progress,” the analyst has reservations about Nokia becoming one of the leaders in an industry expected to boom as the new …read more

Source:: Yahoo Finance

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