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Nokia Siemens (NOK +0.8%) has offered the lowest bid in a China Mobile tender for 207K 4G TD-LTE...

Nokia Siemens (NOK +0.8%) has offered the lowest bid in a China Mobile tender for 207K 4G TD-LTE base stations, undercutting local vendors Huawei and ZTE, according to a Chinese media report. China Mobile has established a $6.75B 4G capex budget for 2013, as it tries to rapidly build out its network ahead of the government's issuing of commercial licenses (expected at year's end); rival carriers are also ramping their 4G spend. The report comes ahead of Nokia's Q2 results, due tomorrow morning. Tero Kuittinen declares the quarter a "moment of truth" for Nokia, given concerns about slumping feature phone sales in emerging markets, and questions about Lumia volumes/ASPs in light of strong sales of the low-cost 520.
Comments (26)
  • Excellent. I'll buy more shares when the price dips after the Q2 results.

     

    Long NOK!
    17 Jul 2013, 02:56 PM Reply Like
  • I don't expect big things in tomorrow's ER but it's obvious that Nokia is on the comeback trail. Another 2 - 3 Quarters and we will see Nokia once again a viable force in the market.
    17 Jul 2013, 02:56 PM Reply Like
  • I've got my seat belt on....Q2 results will be poor but news like this lets everybody know NOK is a player to be reckoned with. Bumpy ride ahead.
    17 Jul 2013, 02:59 PM Reply Like
  • To the author, what could be the dollar value of such a deal?
    17 Jul 2013, 03:00 PM Reply Like
  • Depends bit what is included, installation and optimization is a great deal of the value. 5-10b$ in total at least
    17 Jul 2013, 05:30 PM Reply Like
  • Nice! Network building right in Huawei's playground. If they get this right and please the carrier, there is work there for NokNet for years.
    17 Jul 2013, 03:00 PM Reply Like
  • Read this article carefully and think about it.

     

    Comment 1 - China Mobile and all China cell providers are trying to ramp up to 4G very fast.

     

    Comment 2 - Nokia slumping feature phone sales

     

    Does anyone see the dichotomy here... Network providers do not build out 4G TD-LTE networks to support feature phone sales. They expect to sell many more Smartphones, Lumia's, Samsung, and Apple Iphones.

     

    At some point the past is likely to be realized as the past and the future really becomes the future. Or maybe we are all going to drop the touchscreen and go back to the nifty keyboard phones.
    17 Jul 2013, 03:03 PM Reply Like
  • Look if nothing else somebody with deep pockets will swoop down and buy up Nokia. Until then I sit tight on my booty.
    17 Jul 2013, 04:02 PM Reply Like
  • Heatnup...

     

    Good thoughts! Yes, the commoditization of smartphones is underway and one has to wonder if anyone, other than AAPL with its fan club, and Samsung, with their production and engineering capability, can make a nickle in the smartphone market. So, NokNet and Here are the gems in the Nokia BP. And it makes a lot of sense that Nokia is going after the phone/camera market it a big way. Let Microsoft fund the WP dance, and work like crazy in the other areas. Nice... Now, if the market only would understand this...

     

    All the very best,
    Don
    17 Jul 2013, 03:15 PM Reply Like
  • dhd and others--

     

    Something Nokia has in house that neither Apple nor Samsung have:

     

    NSN and HERE

     

    So DHD I think you have hit the truth here. Nokia can offer more than Apple or Samsung cheaper, since those two departments are in house.
    17 Jul 2013, 10:12 PM Reply Like
  • Tero Kuittinen's articles are improving in quality. Less blabbing, more reasoning.

     

    Regarding Nokia's Notworks, beating the Chinese with Chinese methods is dangerous territory. Also, NN has not won the big contracts yet and so far, the year has not yielded many long-term wins with sustainable service contracts.
    17 Jul 2013, 03:16 PM Reply Like
  • In your case I think it is more blabbing and less reasoning. That´s my opinion.
    Now you are an expert on chinese methods? Who teach you that, Alcatel?
    17 Jul 2013, 04:03 PM Reply Like
  • I am no expert on Chinese at-cost or sub-cost methods to gain market share.
    17 Jul 2013, 05:30 PM Reply Like
  • But still they have better margin than Ericsson
    17 Jul 2013, 05:31 PM Reply Like
  • Hopf

     

    Scooping up lucrative contracts so others can't profit from them is a good game because it causes others to bleed cash.

     

    If, for example, Nokia bid at cost, they break even while keeping others from making any cash. Nokia, even, other--lost cash.
    17 Jul 2013, 10:18 PM Reply Like
  • Good news and expecting more tomorrow. Long Nokia !
    17 Jul 2013, 03:31 PM Reply Like
  • Andreas

     

    I think you are out of your depth here and should stick with what you know: watchmaking, chocolate, banking and those cute pocket knives.

     

    :)
    17 Jul 2013, 03:35 PM Reply Like
  • "...watchmaking, chocolate, banking and those cute pocket knives."

     

    ?

     

    Swedish watches and pocket knives? Nordea is a good bank and Marabou chocolate is edible. That much I can say.

     

    In any case, Tero Kuittinen's Forbes piece hits all the right issues. Where would you say did he "do a Tomi Ahonen"? I think it's a very neutral article and it contains points that you find in Jacob Steinberg's SA article from today and various others.
    17 Jul 2013, 05:32 PM Reply Like
  • Hopf

     

    They way you paint Nokia, if they do turn around, it would not only be a "huge turn around" but no less that of a miracle. You paint them in a way that Nokia becoming profitable and gaining market share is virtually impossible.

     

    If I believed your commentary, I'd have been living on Valium, and selling as soon as markets open tomorrow.
    17 Jul 2013, 10:22 PM Reply Like
  • This bodes well for me cause I bought BAC day before earnings release and it jumped in price. I am up to 1K shares of NOK the most I've ever owned of any stock. So I await with bated breath on Thursday's earnings report. Go Nokia. Love my phone.
    17 Jul 2013, 04:00 PM Reply Like
  • NSN might be the cheapest ones but did they get the order ?

     

    In this source i miss them !!!!

     

    http://bit.ly/12CKzeV
    17 Jul 2013, 04:08 PM Reply Like
  • "In this source i miss them !!!!" who is "them", NSN? The source is about devices, not networks.
    17 Jul 2013, 05:17 PM Reply Like
  • That's weird, solucky. Your story is dated Monday. Are we using snail mail for this stuff?
    17 Jul 2013, 04:11 PM Reply Like
  • really weird...
    17 Jul 2013, 04:13 PM Reply Like
  • Great job NOK

     

    Can't wait for earnings
    17 Jul 2013, 09:48 PM Reply Like
  • System looks like R James thinks you're Swiss!? Not sure why given your flag avatar. Mr James I guess you're American !
    18 Jul 2013, 04:38 AM Reply Like
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