In today’s telecom equipment industry, where consolidation is the name of the game, the Nokia-Alcatel-Lucent acquisition was fairly predictable. Alone, neither Nokia nor Alcatel-Lucent had what it took to compete with market leader Ericsson. Together, they could stand a better shot.
SOM, A. (2015). Nokia buys Alcatel-Lucent: Together, Will These Two Struggling Firms Enable the Connected world? ESSEC Knowledge.