Samsung is reportedly looking to acquire Nokia’s network infrastructure business

Even though Nokia has struggled to compete with major players like Ericsson and Huawei over the past few years, the Finnish company is still a major player in the network infrastructure business. Samsung also has a Radio Access Network (RAN) branch of its own, but it is relatively small, with a reported market share of around 6.1% last year. Industry insider rumors have now started to surface, indicating Samsung’s desire to purchase Nokia’s infrastructure business to strengthen its own RAN positions. An alleged figure of $10 billion for the sale has been tossed around. If the deal...

Aug 31, 2024 - 15:00
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Samsung is reportedly looking to acquire Nokia’s network infrastructure business

Even though Nokia has struggled to compete with major players like Ericsson and Huawei over the past few years, the Finnish company is still a major player in the network infrastructure business. Samsung also has a Radio Access Network (RAN) branch of its own, but it is relatively small, with a reported market share of around 6.1% last year. Industry insider rumors have now started to surface, indicating Samsung’s desire to purchase Nokia’s infrastructure business to strengthen its own RAN positions. An alleged figure of $10 billion for the sale has been tossed around. If the deal...

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