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Any thoughts on Nokia stock? I do own it as a small part of my portfolio and thinking about expanding my position.
by dejv 9y ago
Any thoughts on Nokia stock? I do own it as a small part of my portfolio and thinking about expanding my position.
- Nokinside 9y agoNokia has no ownership in HMD Global who licensed Nokia brand for 10 years to make phones. Nokia gets license and patent fees from the deal. The future prospects of Nokia stock are tied to 5G network deployments. 5G deployments start already this year, but they will be slow at first. Things start move along 2019 when first 5G networks and devices (including phones) start to appear. 2020-2022 will show if Nokia is the winner in the battle for market share.
- alexdumitru 9y agoNokia doesn't make phones anymore. These are sold by HMD Global, which I'm pretty sure is a private company.