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.
Are you Bullish or Bearish on ?
Results for ()
Thanks for sharing your thoughts.
From other sites
at Zacks.com (Wed, 5:59PM)
at Nasdaq.com (Feb 23, 2015)
at Nasdaq.com (Jan 22, 2015)
at CNBC.com (Jan 14, 2015)
at Benzinga.com (Jan 14, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs