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General

Ericsson mulls M&A options to counter Nokia-Alcatel - report

Thursday 28 May 2015 | 08:52 CET | News
Ericsson is open to an acquisition to counter the merger of its rivals Nokia and Alcatel-Lucent, people familiar with the plans told Bloomberg. CEO Hans Vestberg plans to gather with his top managers next month to discuss strategy, and a key area is what Ericsson can do to respond after Nokia's acquisition of Alcatel-Lucent, said one of the people. "I see no reason why we, given the right preconditions, would exclude a larger deal," Ericsson Chairman Leif Johansson said in an interview earlier this month. "But as you know, there aren't that many left." Ericsson was close to making a bid for

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Categories: General
Companies: Alcatel-Lucent USA/FR / Ciena / Juniper Networks / Nokia
Countries: World
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