Softpedia News - Telecoms: Huawei Backtracks, Says It Has No Plans to Acquire Nokia [Reuters]

Softpedia News - Telecoms
Softpedia News - Telecoms
thumbnail Huawei Backtracks, Says It Has No Plans to Acquire Nokia [Reuters]
Jun 19th 2013, 11:01

It all started yesterday with Huawei’s head of consumer business, Richard Yu, who said that the company was considering high-profile acquisitions, including that of companies such as Nokia.

“We are considering these sorts of acquisitions; maybe the combination has some synergies but depends on the willingness of Nokia. We are open-minded,” said Yu.

It looks like a possible acquisition of the Finnish company by Huawei made Nokia’s shares slightl... (read more)

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