Nokia has been posting relatively mixed results over the last few years, amid intense competition from Chinese rivals and weaker spending by wireless carriers, who have seen their deployments of 4G mobile broadband equipment peak off. However, the worst seems to behind the company for multiple reasons, which we outline below. We have created an interactive dashboard analysis which outlines our expectations from Nokia over the next two years. Separately, Nokia could also see an upside from the headwinds faced by Chinese rival ZTE, after the U.S. Department of Commerce blocked its access to American-made components for seven years, amid alleged violations of the Iran sanctions. ZTE had been posting solid growth in markets including Europe and the Americas, hurting contract pricing and growth for its European rivals, and its current headwinds could benefit Nokia.

Source: Forbes May 11, 2018 14:48 UTC