Sunday, April 30, 2017

Nokia Turnaround Gathers Pace, Shares Rise

James_B_CrawshawThe flat (white) OSS/BSS economy James_B_Crawshaw   Thursday April 27, 2017 8:47:50 AM User Rank Blogger

Flat sales is the new growth in OSS/BSS. Ericsson, which has rejigged its reporting structure once again (now lumping OSS/BSS n with Cloud, NFV/SDN, Telecom core, and IP routing) posted March quarter IT & Cloud revenue down 3% year on year (down 7% at constant currency) with 7% growth in services offset by a 14% decline in products. This compares with a 7% revenue decline for the division in 2016 with services revenue up 1% and products down 16%.

In comparison, Nokia's Applications & Analytics unit posted flat sales in the March quarter, a marked improvement from the 13% decline in 2016. Nokia said the unit showed "significant, even if early, signs of improvement" with robust new orders, particularly in BSS driven by demand for new charging models. However, Nokia notes Applications & Analytics' profitability has room for improvement.


Source: Nokia Turnaround Gathers Pace, Shares Rise

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