With Nokia shifting their focus from phones to 5g network wouldn't it be a great buy in the upcoming 5/10 years?
enlighten me why it's a bad/good buy.
Telecommunications companies seem to be a great investment at moment. For me Nokia is no exception. The demand for better Internet and telecommunications infrastructure is unchallenged. The data usage every year is increasing, so the networks need to constantly upgrade. Also I noticed that telcos pay pretty high dividends which is also attractive.
Nokia is leading in the 5g patent race with over 3500 patents considering their low market cap of €25 billion in comparison to other 5g leading companies like Verizon, Ericsson,Qualcomm 150 to 600 billion . I do believe this will be an easy x10 in the upcoming years.
They are rebranding fast while they invest in 5g which in my opinion is here to stay.
Also they have a multi billion partnership with t mobile which isnt nothing.
sources:
https://www.iam-media.com/who-leading-the-5g-patent-race-patent-landscape-analysis-declared-seps-and-standards-contributionshttps://www.greyb.com/5g-companies/#Nokiahttps://www.t-mobile.com/news/network/5g-best-coverage-ericsson-nokiaI did invest 50k at an average price of 4.35 euro. I have a strong feeling that nokia has the potential to be a generational buy the upcoming 10 years. I have many more other investments so dont worry im not fucked if it tanks.