In my investment thesis two weeks back on a telecom equipment vendor, I had compared Nokia (NOK) with Ericsson (ERIC) using profitability metrics. Some of my readers raised important points with regards to Nokia's 5G competitive strength and the company's China strategy.
Therefore, I address these points in this thesis, without going deeply into the technicalities. The reason for this is that as a result of changing market dynamics caused by COVID-19, it is less competition in the flashy 5G arena which counts. Rather, the priority right now is to provide