Rants And Ramblings About Mobile Technology
Anders Borg writing about the fun and crazy world of mobile and Internet service technologies.
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Monday, June 19, 2006
Nokia, Siemens will merge network equipment divisions
Update: Financial news argue that Ericsson will gain from this short term (and maybe also long term), as Nokia and Siemens, as well as Alcatel and Nortel will be very busy merging. Also, even with the merger Ericsson is still the largest equipment provider.
This is seen as a way to better compete with Asian providers (Huawei not the least), but this will also affect Ericsson. According to the note Nokia+Siemens will be almost equal in size to Ericsson's division.
Nokia, Siemens in $31 billion phone equipment deal - MarketWatch
This is seen as a way to better compete with Asian providers (Huawei not the least), but this will also affect Ericsson. According to the note Nokia+Siemens will be almost equal in size to Ericsson's division.
Nokia, Siemens in $31 billion phone equipment deal - MarketWatch
