View Post

Nokia’s Q2 2019 — 5G Demand Lifts Financial Results

In Technology News by Ron WestfallLeave a Comment

Nokia is ready to further expand its presence and influence in worldwide 5G networks regardless of how the U.S.-China trade standoff is resolved. This includes factoring in potential price pressures from major 5G rival Ericsson and its signaled intention to take on greater margin pressures in order to win more 5G market share. Why? The overall 5G market is already lifting off ahead of previous 2019/H2 2019 expectations. As operators and their ecosystem partners gain valuable deployment experience, delivering 5G experiences to customers will become more automatic, expanding and diversifying 5G use cases and revenues.