Samsung is reportedly looking to acquire Nokia’s network infrastructure business | Infinium-tech

Samsung is reportedly looking to acquire Nokia’s network infrastructure business | Infinium-tech

Although Nokia has struggled to compete with bigger companies like Ericsson and Huawei in the past few years, the Finnish company is still a major player in the network infrastructure business. Samsung also has its own radio access network (RAN) arm, but it is relatively small, with its market share reported last year at around 6.1%.

Samsung reportedly looking to acquire Nokia's network infrastructure business

Rumors from industry insiders have now begun to emerge, indicating Samsung’s desire to buy Nokia’s infrastructure business in order to strengthen its own RAN position. A figure of $10 billion has reportedly been touted for the sale. If the deal goes through, Samsung would effectively become the second-largest RAN supplier worldwide with a 25.6% market share.

Samsung already makes 4G and 5G base stations, chipsets, devices, radios and core equipment, so it’s not like the Korean giant is new to the infrastructure business. It has already supplied carriers around the world including Telus Canada, O2 in Germany, Reliance Jio in India, KDDI and NTT DoCoMo in Japan, Dish and Verizon in the US and Vodafone in the UK.

Source

Credits : GSMarena

Share this post

Leave a Reply

Your email address will not be published. Required fields are marked *