I agree, the ship is heading to port now. I have stayed firm in my belief that NOK will pay off handsomely, my timing as always was terrible, but as I said before, the investment thesis continued to hold water for the very long term. The dip into the 4s game me the opportunity to acquire more shares, I am glad I did.

With Ericsson faultering, I truly believe NOK will win more contracts, specially when they include not only Wireless but also include Switching, Routing and Optical, i.e. an end to end solutiion.  

BTW, this is the Call Transcript for NOK's CC, it gives further detail on the quarter.  I did not know that of all the cost reductions a.k.a "Synergies from merger with ALU", NOK will only see E250M in savings this FY, with the bulk of E1.2B in savings benefiting next FY. So the acceleration im earnings will take place in 2018. Suri also took the time to address the one area where NOK did not do well, i.e. Wireline Networks:

seekingalpha.com/ar...page=1