According to Bengt Nordström of consultancy Northstream, the deal actually looks cheap, valuing NSN at €3.4 billon which, he points out, is around a tenth the current value of rival Ericsson.
And according to NSN, it ended the first fiscal quarter of 2013 with net cash of €1.5 billion ($1.95 billion). So why is the valuation so low? Bengt Nordstrom, CEO of mobile industry consultancy Northstream, believes there might be a level of detail that hasn’t yet been disclosed. Read full article Related
Read more
