E is still only 18.3x.   Nokia is a Finnish company engaged in the $114-billion wireless network industry. It currently has over 100 5G deals, and 160 5G engagement contracts. Its 5G wireless network solutions, and fiber-to-the-home fixed broadband services could boost NOK’s YTD gain to over 50%. (See Nokia stock charts on TipRanks) Surge in 5G Infrastructure Government mandates are compelling telecom companies to upgrade their 4G cell sites to 5G. Wireless and fixed broadband companies cannot operate without government licenses. Politicians in the Philippines can force companies like PLDT Inc.
https://www.tipranks.com/news/article/nokia-stock-tailwind-from-intensified-5g-deployments?utm_source=advfn.com&utm_medium=referral
Nokia (NYSE:NOK)
Historical Stock Chart
From Dec 2021 to Jan 2022 Click Here for more Nokia Charts.
Nokia (NYSE:NOK)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Nokia Charts.