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Tough Year Ahead for Nokia as Ericsson Increases Market Share

Feb 24, 2021 | Author : Gareth Owen

Overview:

January 2021 marked the launch of Nokia’s new strategy with a major focus on improving the competitiveness of the all-important Market Access division. In contrast, Ericsson continues to reap the benefits of its business revamp instigated by incoming CEO Borje Ekholm in 2017 with robust financials and a further extension in market share. 

This report provides a back-to-back review of the recent fourth quarter and full-year 2020 results from Ericsson and Nokia and provides a detailed insight into the business units and strategies of the two vendors.

Table of Contents:

  • Snapshot
  • Key Business Assumptions
  • Ericsson
    • Overview of Results
    • Revenues by Business Unit
    • Revenues by Region
    • Key Business Developments
  • Nokia
    • Overview of Results
    • Revenues by Business Unit
    • Revenues by Region
    • Key Business Developments
  • Key Points
    • Market Share
    • Nokia's Mobile Access
    • Non-RAN Businesses
    • Financial Performance
    • R&D Investment
    • Enterprise and Service-Based Revenues
    • Future Risks
  • Viewpoint

Number of Pages: 16
Author: Gareth Owen
Published Date: February 2021

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