Nokia is now focused on providing network infrastructure and related services worldwide. The company operates through three segments: Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies. It offers mobile networking solutions, such as hardware, software, and services for telecommunications operators, enterprises, and related markets/verticals; radio access network solutions; Internet protocol multimedia subsystem/voice over LTE, subscriber data management and other virtualized software infrastructure solutions; backhaul solutions; and network planning, implementation, operations, and maintenance solutions.
The company also provides fixed networking solutions, including copper based solutions, such as VDSL2 Vectoring, Vplus, and G.fast; fiber-to-the-home solutions, such as Ethernet point-to-point, gigabit passive optical networks (GPON), EPON, and 10 gigabit next generation fiber technologies, as well as fiber access technologies; digital home devices; and copper and fiber broadband evolution, public switched telephone network transformation, ultra-broadband network design, deployment and operation, site implementation and outside plant, and multi-vendor maintenance services. In addition, it offers IP/optical networking solutions, such as IP routing and optical transport systems, software, and services; and packet-optimized and optical transport solutions. Further, the company provides software solutions, including customer experience management, network operations and management, communications and collaborations, policy and charging, as well as Cloud, Internet of Things, security, and analytics platforms; and submarine networks and radio frequency systems.
Mobile phones are clearly a thing of the past when it comes to Nokia’s growth potential now. Basically, it’s all about the new 5G networks. It’s promise is to be faster, more reliable, and more importantly allow the rest of the world all of the broadband and mobile infrastructure potential that has allowed companies like QUALCOMM (QCOM) to thrive for years.
Basically, Nokia is developing network technology that is aimed at connecting the world better than ever before.
If it’s stock’s recent activity is any indication of things to come, one would have to think NOK is one small stock worth speculating on for the future. It’s not every day we can find a legit $5 stock with the type of potential Nokia has.
Their financials are rock solid when compared to most stocks trading under $10 bucks, and it has been reported that Nokia is once again on the verge of entering an exciting growth phase over the next few years.
It could require a little patience, but Nokia is one stock I’d be willing to bet will double at the very least over the next few years. You heard it here first.