Nokia has struck a 15.6-billion-euro deal to buy its rival Alcatel-Lucent to create the world’s biggest supplier of mobile phone network equipment, both firms said Wednesday.
Deutsche Bank analyst Johannes Schaller said:
“We see several risks for Nokia from this deal, if concluded, and believe integration could be challenging both from a product and culture perspective.
“We believe Ericsson could be the indirect beneficiary of this possible consolidation,” added Schaller.
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