US to buy Ericsson/Nokia

[LarsS]

What’s happening! US may buy Finnish/Swedish crown jewels.

”Barr urges US to buy stakes in Ericsson and Nokia to compete with Huawei”

https://www.ft.com/content/1aa61918-48fc-11ea-aeb3-955839e06441

 

[sweetchaos]

I see a paywall.

 

[LarsS]

I see a paywall.

Try these, news about Barre’s proposal is all over the net.

Edit: Interesting new turn of capitalism ...

https://www.nytimes.com/2020/02/07/business/dealbook/bill-barr-huawei-nokia-ericsson.html

https://www.engadget.com/2020/02/06...cjO8ScsBsuSPIlrBMguB_BFLuUzodoCP8gibPlYwLBHIz

 

[Tks]

He should stick to his field of expertise, not business transactions involving the purchase of companies not doing so hot.

Also Nokia isn't even really a company anymore, it's simply being used as a brand currently by an asian company producing low tier devices..

 

[LarsS]

He should stick to his field of expertise, not business transactions involving the purchase of companies not doing so hot.

Also Nokia isn't even really a company anymore, it's simply being used as a brand currently by an asian company producing low tier devices..

”EU’s top competition chief leaves door open for US stake in Nokia, Ericsson”

”The European Union’s competition chief left the door open to the possibility of the U.S. government taking a stake in two of the continent’s top 5G players — Nokia and Ericsson — as long as there is no risk to security.

U.S. Attorney General William Barr said earlier this month that the government should consider taking a controlling stake in Nokia, Ericsson or both in order to “blunt” Chinese firm Huawei’s “drive to domination” in next-generation mobile networks known as 5G.”