Nokia has finally perked up. I believe that what I
expected to happen earlier, much earlier, has started to happen.
True to form, I was too early in this investment, however, I
continue to firmly believe that the long term story is intact. I
continue to be very heavily invested in it, I added some 10K
shares, starting around $4.30 and as recent as low $5s to what was
already a large position. The overall industry is now in much
firmer grounds. Ericsson's CEO has now stated he is
concentrating on margins, what this means is that the price wars of
last year are now in the past. This is yuge, LOL. Seriously,
it is huge, this sets the tone for a normal industry rather than
one distorted by a desperate player, trying to preserve market
share.
Fix 5G wireless may give wireline in the access network
(neighborhoods or last mile as it is also known) a true run for its
money. I foresee wireless eventually replacing all wireline
in the access network. It makes perfect sense and will be
much cheaper to maintain.
As such, Verizon, Comcast (and all the other cables
networks), AT&T will over the very long term switch their TV
and Internet access networks to fixed wireless.