• Nokia to buy Alcatel-Lucent for ~$16.6B/~€15.6B
    5 replies, posted
[url]http://www.reuters.com/article/2015/04/15/us-nokia-alcatel-lucent-m-a-idUSKBN0N60CL20150415[/url] [quote=Reuters]Nokia is to buy Alcatel-Lucent in an all-share deal that values its smaller French rival at 15.6 billion euros ($16.6 billion), building up its telecom equipment business to compete with market leader Ericsson. The deal will redefine a sector suffering weak growth prospects and pressure from low-cost Chinese players Huawei and ZTE.[/quote] Bear in mind this isn't the Microsoft part of Nokia, this is the Nokia after their handset split that's buying them.
Why would Nokia sell their cellphone branch to Microsoft and then buy entire Alcatel-Lucent which is wholly a telephony company? (even if not primarily mobile one). That's just weird. [editline]17th April 2015[/editline] Oh I get it now, Alcatel-Lucent doesn't do cellphones whatsoever. They do infrastructure stuff, not handsets.
[QUOTE=Awesomecaek;47546735]Why would Nokia sell their cellphone branch to Microsoft and then buy entire Alcatel-Lucent which is wholly a telephony company? (even if not primarily mobile one). That's just weird. [editline]17th April 2015[/editline] Oh I get it now, Alcatel-Lucent doesn't do cellphones whatsoever. They do infrastructure stuff, not handsets.[/QUOTE] Yeah, they're more like Ericsson and Huawei.
[QUOTE=Swebonny;47547012]Yeah, they're more like Ericsson and Huawei.[/QUOTE] Nokia, Ericsson, and Huawei all suck so much. I've had one phone from each and all three were complete shit.
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