The past five years have been cruel to Finnish handset maker Nokia (NOK -0.81%) and its shareholders. Its shares have lost some 85% of their value in that time. Granted, there was the Great Recession, but Nokia's slowness to adapt to the smartphone revolution was just as large a headwind to the company's performance during this period.

This, of course, is no secret. Nokia's fighting tooth and nail to become relevant again, and it recently might have gotten a new lease on life in its battle again the likes of Apple and  Google. In this video, tech and telecom analyst Andrew Tonner breaks down the story and whether he believes it changes the way investors should think about this snakebitten stock.