Overview:

After years of R&D investment and legacy portfolio rebalancing, there are encouraging signs that Nokia’s Cloud and Network Services and Ericsson’s Digital Services businesses may have finally turned a corner. Driven predominantly by higher deployments of 5G SA core products, both business units should deliver increasingly positive financials during 2022. And with increasing sales at Cradlepoint - and lots of lovely cash available - another acquisition looks very likely at Ericsson. 

This report provides a back-to-back review of Ericsson and Nokia’s recent third quarter 2021 results and provides a detailed insight into the business units and strategies of the two vendors. 

Table of Contents:

• Snapshot
• Key Business Assumptions
• Overview of Financial Results
• Business Unit Analysis
• Regional Trends
• Key Points
  • 5G Contract Awards
  • Market Share
  • Digital Services
  • Cloud and Network Services
  • Network Infrastructure
  • Enterprise and Service Based Businesses 
  • IPR Revenues
  • R&D Investments
• Viewpoint

Number of Pages: 14

Publication Date: November 2021