Summariy of most recent contract wins:

“Nokia has recently made some advancement with its AirScale and Airframe technology, which should ease the evolution towards 5G. Leveraging this technology, the company has successfully signed deals with various telecom operators around the world who are trying to cope with the rising data demands of their customers. It includes a 4.5G pro deal with ALTAN Redes in Mexico, which is its largest deal ever in terms of revenue. Some other operators who will be upgrading to 4.5G using Nokias technology include TIM in Brazil and T-Mobile in the U.S, to name a few. Considering the slowdown in Nokia’s top-line decline, such deals may be revenue growth drivers in the coming quarters. In addition, Nokia is set to launch 4.9G by the end of this year, so we can expect 5G soon after that, which could allow the company to return to revenue growth.”