BNL Finance (press release) (registration) (blog) - Dec 6, 2016
We have been telling just about anyone who will listen that Nokia Corp (ADR) (NYSE:NOK) is a good long-term investment. On Monday, NOK stock jumped 6.6% when the company confirmed its return to smartphones.
According to a Bloomberg report, Ericsson (ADR) (NASDAQ:ERIC) is now facing tough competition from its competitors in the network provider industry as Nokia Corporation (ADR) (NYSE:NOK) has acquired Alcatel Lucent SA (ADR) (NYSE:ALU).
Cisco Systems (NASDAQ:CSCO) has built a nearly $50 billion-a-year business behind its success in IP networking, but in the past few years Alcatel-Lucent (NYSE:ALU) has established itself as a major threat in the high-margin IP routing business. With ...