Nokia has reported a strong Q2, sustained by 5G deployment in North America and South Korea. The company has also made significant progresses on the profitability side, which in our view helps the company in achieving its FY19 objectives. The company has also upgraded its views regarding the end-market, which is now expected to grow in 2019 and accelerate in 2020, driven by 5G deployments in the US, South Korea, Japan and other leading 5G markets.
25 Jul 2019
Getting closer to its objectives
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Getting closer to its objectives
Nokia Oyj (NOKI:WBO) | 0 0 1.8% | Mkt Cap: 27,194m
- Published:
25 Jul 2019 -
Author:
Hugo Paternoster -
Pages:
3
Nokia has reported a strong Q2, sustained by 5G deployment in North America and South Korea. The company has also made significant progresses on the profitability side, which in our view helps the company in achieving its FY19 objectives. The company has also upgraded its views regarding the end-market, which is now expected to grow in 2019 and accelerate in 2020, driven by 5G deployments in the US, South Korea, Japan and other leading 5G markets.