Total Telecom – Suri has delivered but questions remain over Nokia’s future

Consultant upbeat on new CEO’s turnaround track record but warns of shrinking infrastructure market.
As investors continue to cheer Nokia’s first quarter results and the appointment of Rajeev Suri as chief executive, one industry consultant issued a word of warning to the vendor.

“The infrastructure market will shrink,” said Bengt Nordström, CEO of telco consultancy Northstream.

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Published April 30, 2014 in: .

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“Ericsson is the leader in an industry that is growing in users and data traffic but not in revenues,” said Bengt Nordstrom, chief executive at telecom consultancy Northstream. On a brighter note, Ericsson’s underlying profitability continued to improve in the first quarter. Its closely watched gross profit margin rose to 36.5 percent compared with expectations [...]
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