Telecoms.com – Boards approve €15.6bn Nokia deal for Alcatel-Lucent
Speaking exclusively to Telecoms.com about the acquisition, Nordstrom said:
“At a stroke, the infrastructure market would expand from two big players, Ericsson and Huawei, to three,” he said. “A potential acquisition would give Nokia a company whose products very much complement its own current portfolio. Ericsson in particular would face a strong competitor, both geographically and on the product side.
“The deal could be negative for Ericsson. If the expanded Nokia is able to successfully integrate AlcaLu’s assets into its business, it’ll create a strong competitor to Ericsson, both geographically and in terms of products. However, as we’ve seen in the past, mergers in any industry are complex and risky, with a high failure rate.”
