Nokia revival: is the Finnish supplier already benefiting from Huawei's absence? – Yahoo News

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Nokia is one of the pioneers in the mobile telephony, but the company has encountered difficulties in recent years. Its Mobile Access division remains very small compared to its other business units, and has not yet fully realized the benefits of the Alcatel acquisition -Lucent in 2016. Obviously, the process of transforming Nokia, for the company to move from being an infrastructure provider focused only on mobile to that of a more general player in end-to-end communications infrastructure, took longer than expected. "data-reactid =" 19 "> Nokia is a pioneer in the mobile phone industry, but the company has struggled in recent years. Its Mobile Access division remains very modest compared to to its other business units, and has yet to fully reap the benefits of the acquisition of Alcatel-Lucent in 2016. Clearly, the process of transforming Nokia from being the company from a provider of infrastructure focused solely on mobile to a more generalist player in end-to-end communications infrastructure, took longer than expected.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "However, Counterpoint Research believes that Nokia now appears broadly on track for short-term recovery, although there are risks. In particular, as Huawei has been banned in several markets, Nokia must demonstrate that it is able to increase its share of the network market radio access (RAN) over the coming months, in a context of increased competition from Samsung Networks and the arrival of a series of new players in the open radio access networks (open RAN). "data-reactid =" 20 "> However, Counterpoint Research believes Nokia now looks broadly on the path to a near-term recovery now, although there are risks. In particular, as Huawei has banned in several markets, Nokia must demonstrate that it is in a position to increase its share of the radio access networks (RAN) market in the coming months, in a context of increased competition from Samsung Networks and arrival of a series of new players in the open radio access network (open RAN) market.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" Despite the fact that the loss of the contract Verizon in the US has been frustrating, the company has won several RAN contracts since, including a major contract to replace Huawei at BT Said Gareth Owen, associate research director at Counterpoint Research. Perhaps just as important, and an indication for the future, is the fact that the company has won several strategic non-RAN contracts with a number of high profile players this year. I expect this trend to accelerate over the coming year, "he added." Data-reactid = "21"> "Despite the fact that the loss of the Verizon contract to The US has been frustrating, the company has won several RAN contracts since, including a major contract to replace Huawei at BT, "said Gareth Owen, associate research director at Counterpoint Research." Perhaps just as important , and one indication for the future, is the fact that the company has won several strategic non-RAN contracts with a number of high profile players this year. I expect this trend to accelerate in the near future. over the coming year, ”he added.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "With a strategic assessment already underway, there is will have changes at Nokia in 2021 as its new CEO, Pekka Lundmark, implements his vision of repositioning the company for the future. Counterpoint Research believes Nokia urgently needs to increase investment in R&D, particularly in 5G, and in particular must resolve all product quality and performance issues for 5G. "Apart from its main Networks division, the company needs to put more emphasis and increase its investments in its Software and Enterprise divisions. in order to benefit from two major trends: the migration to cloud-native software and the automation revolution dubbed Industry 4.0. This must include acquisitions, "said Peter Richardson, vice president of research at Counterpoint Research. "Noki a must also resolutely focus on the development of new activities based on 5G services, based on emerging technologies such as network slicing (network slicing) andperipheral computing (edge ​​computing), in partnership with major communications service providers and industrial partners, "he added." data-reactid = "22"> With a strategic assessment already underway, there will be changes at Nokia in 2021 as its new CEO, Pekka Lundmark, implements its vision of repositioning the company for the future. Counterpoint Research believes Nokia urgently needs to increase its investment in R&D, especially 5G, and in particular must resolve all product quality and performance issues for 5G. “Apart from its main Networks division, the company needs to focus more and increase its investments in its Software and Enterprise divisions in order to benefit from two big trends: the migration to native software in the cloud and the automation revolution dubbed Industry 4.0. This must include acquisitions, "said Peter Richardson, vice-president ent of the Research Department at Counterpoint Research. “Nokia must also firmly focus on the development of new activities based on 5G services, based on emerging technologies such as network slicing and edge computing, in partnership with major communications service providers and industrial partners, ”he added.

However, financing this investment will not be easy. Nokia will have to sell some of its assets and consider other financing and strategic options.

The text of the press release resulting from a translation should in no way be considered official. The only authentic version of the press release is that of the press release in its original language. The translation will always have to be compared to the source text, which will set a precedent.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "View the source version at businesswire.com: https://www.businesswire.com/news/home/20201014005766/en/"data-reactid =" 25 ">See the source version on businesswire.com: https://www.businesswire.com/news/home/20201014005766/en/

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Contacts"data-reactid =" 26 ">Contacts

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Gareth Owen"data-reactid =" 27 "> Gareth Owen

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Counterpoint Research"data-reactid =" 28 "> Counterpoint Research

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