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Euronews: NSN Mulls Juniper Merger – Report

Paul Rainford

Also in today's EMEA regional roundup: EE nears 2 million on 4G; Belgacom rolls out VDSL2; Telecom Italia invests in startups.

  • Is Nokia Corp. (NYSE: NOK) planning to merge with Juniper Networks Inc. (NYSE: JNPR)? That's what's being reported on Reuters, which cites a German online publication. The thinking is that Juniper would be merged with Nokia Networks , thereby bolstering the latter's presence in the US. Nokia declined to comment on the report. (See NSN Braces for Tough Start to 2014 and Juniper CEO Preps New Roadmap.)

  • UK mobile joint venture EE saw its 4G customer total rise by 816,000 in the fourth quarter to reach just shy of 2 million. Despite this, turnover for the quarter and for the full year was down year-on-year, with full-year revenues down 2.6% to £6.48 billion (US$8.87 billion) and fourth-quarter revenues down 2%.(See Q&A: EE Evolves Its 4G LTE Strategy.)

  • Belgium's Belgacom SA (Euronext: BELG) has, with the help of Alcatel-Lucent (NYSE: ALU), switched on what they believe to be to the world's first nationwide VDSL2 vectoring network. The operator can now offer broadband speeds of up to 70 Mbit/s over traditional copper lines. (See Belgacom Switches on Nationwide VDSL2 With AlcaLu .)

  • Telecom Italia SpA (NYSE: TI) is planning to follow the lead of Telefónica SA (NYSE: TEF)'s Wayra program by making seed investments in digital startups. It has set aside €4.5 million ($6.1 million) over three years for such investments.

  • The European Commission has agree to hand over €20 million ($27.4 million) in payouts to 4,500 former Nokia staff in Finland who were made redundant following the vendor's downsizing of its handset-related operations, reports Finnish news website YLE. (See Euronews: Nokia's Fearful Finns.)

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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    User Rank: Blogger
    2/20/2014 | 2:29:45 PM
    Kind of an interesting idea, although seems unlikely from NSN's point of view. They didn't wnat to buy Alcatel-Lucent because they wanted to focus on their own comeback, right?
    User Rank: Light Beer
    2/20/2014 | 12:01:15 PM
    History repeats itself
    This is a very old idea, the former Siemens COM already engaged several times with Juniper, the wedding never happened ...
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