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Nokia – A successful turnaround story

Nokia has finally managed its own turnaround. This occurs on a strong demand for 5G-based products and services which brings the company back as a market leader. Therefore, margins and profit ratios should recover gradually. Nokia has a strong presence in the routing and optical segments. These segments go beyond its core radio products, and the company is in a relatively good position as a truly global end-to-end telecom equipment solution provider. Potential market share gains in Europe amid vendor consolidation is one key catalyst for Nokia.