Is Cisco planning a Nokia takeover?

Colin Dunstan · 08-07-2005, 12:50 PM

Well, I'm certainly not exaggerating when I say that this is the news story of the day. Following a report by Sunday Business today rumours are spreading fast that US networking hulk Cisco (worth $123bn) is considering acquiring Finnish phonemaker Nokia (worth $71bn). So here we have the world's largest maker of (fixed) infrastructure equipment (Cisco) interested in converging with the world's second-largest provider of mobile network infrastructure (Nokia). Makes sense, doesn't it?

Cisco and Nokia refused to comment. Ok, it's Sunday, I would've been surprised if they did.

[via Pocketfactory (thanks guys!!)]

08-07-2005, 12:50 PM	#1
Colin Dunstan Is papyrophobic! Posts: 1,926 Karma: 1009999 Join Date: Aug 2003 Location: USA Device: Dell Axim	Is Cisco planning a Nokia takeover? Well, I'm certainly not exaggerating when I say that this is the news story of the day. Following a report by Sunday Business today rumours are spreading fast that US networking hulk Cisco (worth $123bn) is considering acquiring Finnish phonemaker Nokia (worth $71bn). So here we have the world's largest maker of (fixed) infrastructure equipment (Cisco) interested in converging with the world's second-largest provider of mobile network infrastructure (Nokia). Makes sense, doesn't it? Cisco and Nokia refused to comment. Ok, it's Sunday, I would've been surprised if they did. [via Pocketfactory (thanks guys!!)]

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