Last Friday, Morgan Stanley analyst, Dominik Olszewski, upgraded Finnish telecom company Nokia to Overweight from Equal Weight. Commenting, “improvements at Nokia are coming faster than we had expected.” AKA, it’s a Buy. The upgrade comes as one of many in a recent positive shift in the stocks rating across the board, including “Buy” ratings issued by SEB Equity Research and UBS Group.
Just like their infamously durable 3310 mobile phone released at the turn of the century in 2000, Nokia’s success in telecommunications remains invincible even in the 5G era. With cutting-edge patents and new contracts with tech giants including Amazon, Microsoft and Google, Nokia is set up for continued strength and relevance in their respective markets.
Although less famous for their mobile devices nowadays, Nokia still crushes earnings expectations with telecom sales due to new remote labor models born from the pandemic. First quarter EPS in 2021 were reported at .08¢, beating the .01¢ forecast eight-fold.
In one year, Q1 ’20 to Q1 ’21, net sales have grown 3%. Adjusted for currency fluctuations, net sales have actually grown 9% on a constant currency basis — an extremely compelling figure. Gross margins climbing to 37.9% from 35.3% in the same period, indicating refined operations and a positive reflection of new leadership.
Pekka Lundmark took over as Nokia’s CEO and President in September 2020, saying he’ll do “whatever it takes” to win the 5G race. Other competitors to look out for are Swedish multinational Ericsson and China-based Huawei. Chinese telecom giant Huawei, however, faces widespread suspicion over state surveillance concerns.
The US has pressured allied nations to avoid collaboration with the Chinese firm, and many countries — such as the UK and Sweden — have placed bans on their technology. Although bad news for China, this opens up greater market share potential for Nokia. This coincides with a year-over-year change of 13% net sales gain in the North American region alone. Possibly indicating the geopolitical tensions are working in Nokia’s favor. As of now, there seems to be no winding down of strained US-China relations.
Nokia appears to be in great health, boasting a D/E ratio of 0.37 as of 03/31/2021. Even more alluring are the four consecutive quarters of positive free cash flow. Nokia netted EUR 1.2 billion in Q1 ’21 alone, with an end-of-quarter net cash balance of EUR 3.7 billion, allowing for aggressive re-investment, particularly in 5G te
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Rogers Communications Inc. plans to acquire Western Canadian rival Shaw Communications Inc. for $20.4-billion in a deal that unites two family dynasties in a nationwide battle for customers against BCE Inc. and Telus Corp.
Shaw chief executive Brad Shaw decided his Calgary-based company could no longer go it alone in an increasingly competitive telecom market and needed to combine forces with Rogers on a planned $6.5-billion network expansion in Western Canada.
“5G and our urban and rural networks are critical to our customers, and we can move more quickly together than either of us could on our own,” he said in an interview with The Globe and Mail.
Toronto-based Rogers is offering $40.50 per share for Shaw, a 69-per-cent premium to where the Calgary-based company’s stock recently traded. Rogers received an irrevocable commitment to the bid from the Shaw family, which holds 79 per cent of the votes at a business founded by cable entrepreneur JR Shaw, Brad Shaw’s father.
The takeover requires shareholder and regulatory approval and is expected to receive intense scrutiny from the federal government as it would eliminate Canada’s fourth-largest wireless player. Both the federal Liberals and Conservatives push the idea of multiple competitors as a way to bring down cellphone bills. In the past, analysts have said if Rogers and Shaw merged, they would need to sell a portion of the wireless business to win over regulators.
Open this photo in gallery Brad Shaw, chief executive officer of Shaw Communications Inc. is photographed at the company headquarters in Calgary on Thursday, November 17 2016.
CHRIS BOLIN PHOTOGRAPHY INC/THE GLOBE AND MAIL
Rogers chief executive Joe Natale said in an interview the two companies plan to tell regulators and politicians that combining their operations will increase efficiency, lower prices and increase connectivity, “bridging the digital divide” between cities and underserved rural and Indigenous customers. “This combination is the right thing for Canada and consumers,” he said.
Rogers and Shaw made a series of commitments to Western Canada in announcing the deal, including a promise to add 3,000 new jobs in Alberta, B.C., Saskatchewan and Manitoba, and to maintain a significant regional head office in Calgary. If successful, Rogers plans to spend $2.5-billion rolling out its 5G network in the four provinces, and set up a $1-billion fund to provide high speed internet to rural, remote and Indigenous communities. The com
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For Fuck Sake British Telecom! You’re advertisement says “Get reliable Wi-fi in every room or £100 money-back guarantee”........Wifi isn’t the issue it’s your shit copper cables which give us 1Mb/s broadband speed which is absolutely useless
Voici un témoignage pour vous mettre en garde sur une « nouvelle » pratique frauduleuse etje suis preneur si vous avez des conseils...
Hier, alors que je n’utilise pas mon téléphone, je reçois un premier SMS :
>« Merci de vous être abonnée au NBA League Pass. Vous êtes tout prêt de pouvoir accéder au service watch.nba.com. Suivez ce lien pour terminer le processus d’inscription et regarder les matchs de la nba en direct : https://nba.com/watch/ ….. Infos et SAV sur paybymobile.fr »
1 minute plus tard, je reçois un second SMS de la part de Bouygues Télécom cette fois-ci.
>« Bouygues télécom info : votre abonnement de 12.99€ TTC/mois à NBA a été pris en compte. + d’info sur votre espace client »
J’ai découvert ces SMS un peu plus tard et j’appelle Bouygues Télécom dans la foulée pour éviter tout problème.
J’apprends alors que les opérateurs téléphoniques peuvent nous facturer des options hors forfait liées à des abonnements d’autre sociétés directement sur notre facture. Petit lien : https://www.surmafacture.fr/
>Par contre : « ah mon bon monsieur, on ne peut rien faire, vous avez souscrit avec un tiers, il faut voir avec eux c’est PaybyMobile. voici leur numéro ».
Le technicien a bloqué les futurs demandes de facturation de ce genre. Croisons les doigts pour que ça n’arrive vraiment plus.
Je téléphone ensuite à PayByMobile, la conversation était irréaliste :
>« Pour s’abonner, vous avez cliqué sur 2 boutons sur 2 pages différentes à partir de YouTube»
>
>« non, je n’utilisais pas mon téléphone a ce moment-là »
>
>« le téléphone était peut-être dans votre poche et a effectué les actions toutes seules »
>
>« non, il n’était pas dans ma poche »
>
>« le téléphone était un hotspot, quelqu’un a pu valider l’abonnement »
>
>« non, le partage de connexion n’est pas activé »
>
>« vous avez des enfants , ils ont valider sans vous demander »
>
>« bien essayer, je n’ai pas d’enfant »
>
>« monsieur, votre téléphone était orienté dos ou face à la table »
On en était là, j’ai un code pin pour déverrouiller mon téléphone et je ne crois pas au déblocage et au clic sur les boutons par magie
L’opérateur a résilié mon abonnement puisque je l’ai fait dans les 14 jours après l’activation.
Par contre, je ne vais pas être remboursé du premier mois. Il me donne un mail sur lequel je peux faire réclamation et demander
... keep reading on reddit ➡LUMN, IMHO , is very undervalued paying 7+pct div and earning report was excellent.
The hidden diamond ( considered a lump of coal few years ago ), not being fully understood and valued by investors, is the 450,000 miles of terrestrial and under ocean fiber optic cables, now becoming key for data traffic between remote data centers ( some in places like Greenland and Iceland for thermal dissipation reason).
