Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Telefonaktiebolaget LM Ericsson ("Ericsson") and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 31 January 2025 in which we reassessed the appropriateness of t...

Nokia 4Q24: Past the trough. Positive outlook. Maintain Buy rating, €...

Nokia reported 4Q24 yesterday. Please click the link below for our take on the full earnings..

Nokia 4Q24: Past the trough. Positive outlook. Maintain Buy rating

Nokia reported 4Q24 this morning.

The Tech Infrastructure Quarterly Bible 3Q24

We publish today our comprehensive Quarterly Bible: 238 pages of detailed analyses on what happened in the last 3 months, and how we interpret it, in light of our current convictions. The first section acts as a PM summary, outlining our key findings, and latest thoughts on the semi cycle, in 6 slides.

Nokia Oyj: Update to credit analysis

Our credit view of Nokia reflects its geographical diversification, offset by its intense competition and weakened performance.

Bible 3Q24: Telecom Infrastructure - Timid recovery, positive margin t...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Nokia Oyj ("Nokia") and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 3 December 2024 in which we reassessed the appropriateness of the ratings in the contex...

Nokia Oyj - September 2024 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Telefonaktiebolaget LM Ericsson - September 2024 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

ASML crash, TSMC beat and raise, Wolfspeed lifeline, and more. Tech We...

As always, during earnings season, we wrap-up what happened in the previous week.

Nokia 3Q24: AT&T loss, delayed recovery hit revenues; margins resilie...

Bible 2Q24 - Telecom Infrastructure: Past the bottom of the cycle

Today, we are publishing the Telecom Infrastructure section of our 24th Tech Infrastructure Quarterly Bible. The Tech Bible is a must-read for any tech investor, as it summarizes the quarterly earnings reports from the over 140 companies we track, providing an update on our key perspectives and convictions. In the coming weeks we will publish sections on Automotive, Cloud Infrastructure, PCs, Enterprise IT, and Ride sharing & Delivery. The telecom infrastructure value chain is still working thro...

Nokia Oyj - June 2024 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Telefonaktiebolaget LM Ericsson - June 2024 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Nokia Oyj: Key facts and statistics - LTM March 2024

A summary company profile, detailing Nokia Oyj’s business operations and financial highlights.

Nokia 2Q24: Improving trends, but full year guide reduced, as we feare...

Nokia 2Q24: Improving trends, but full year guide reduced, as we feare...

Nokia Oyj: Infinera acquisition will increase Nokia's presence in grow...

The deal will reduce cash on balance sheet, but strengthen Nokia's business model by increasing contributions from a growing market and enhancing its network infrastructure capabilities.

Nokia acquiring Infinera. Our take

Nokia announced last night it will acquire Infinera for $2.3bn. Please see the link below for our take.

Bible 1Q24 - Service Provider Infrastructure: Approaching the bottom o...

Today, we are publishing the Service Provider Equipment section of our 23rd Tech Infrastructure Quarterly Bible. The Tech Bible is a must-read for any tech investor, as it summarizes the quarterly earnings reports from the over 130 companies we track, providing an update on our key perspectives and convictions. In the coming weeks we will publish sections on Automotive, and Enterprise IT. The inventory correction across the industry worsened: fixed and mobile equipment revenues both declined by...