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Technology Stocks : NOKIA Bankruptcy Watch
NOK 7.135-2.6%Oct 30 3:59 PM EDT

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To: Lahcim Leinad who wrote (10)6/27/2012 7:25:03 PM
From: elmatador  Read Replies (1) of 51
 
The outcome? Proposed consolidation using EADS model.
Nokia Alcatel Lucent and Ericsson circles the wagon.

Europe needs to drop its anti-merger position and instead push telecommunications companies to share spending and expertise in research and networks.

The former head of European Aeronautic, Defence & Space Co. (EAD), who has led Alcatel-Lucent’s board since 2008, said the aerospace industry should serve as a model on how to promote cooperation, as governments look for ways to help Europe regain its lost edge in technology.

bloomberg.com
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