Overview:
After years of R&D investment and legacy portfolio rebalancing, there are encouraging signs that Nokia’s Cloud and Network Services and Ericsson’s Digital Services businesses may have finally turned a corner. Driven predominantly by higher deployments of 5G SA core products, both business units should deliver increasingly positive financials during 2022. And with increasing sales at Cradlepoint - and lots of lovely cash available - another acquisition looks very likely at Ericsson.
This report provides a back-to-back review of Ericsson and Nokia’s recent third quarter 2021 results and provides a detailed insight into the business units and strategies of the two vendors.
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