Bloomberg: Nokia may sell mobile network business – Samsung interested

Network Company Nokia According to the US News Agency, it is investigating the sale of its mobile network business Bloomberg Thursday. According to unnamed sources who spoke to the news agency, the South Korean electronics giant Samsung Initially will be interested in trade.

According to sources, Nokia’s mobile networks business could be worth around $10 billion, or around 9 billion euros.

The company also has other business options, such as spinning off the unit into its own company or merging it with a rival, the sources said.

However, the company’s plans are only at an early stage and it is not even certain whether Nokia will take any action on its mobile network business, according to sources.

The company is keeping its mouth shut

A Nokia representative commented on the rumor to Bloomberg, saying the company is committed to the success of its mobile network business. The representative said the business is “very strategic” for Nokia. Samsung, on the other hand, did not agree to comment on the company’s possible acquisition intentions to Bloomberg at all.

Bloomberg’s Nokia News has previously reported in Finland and other places Trade MagazineNokia also did not directly comment on its intention to sell the business. The company’s message to Kauppalehti was very similar to the comments it gave to Bloomberg.

– However, the company said it is committed to the success of its mobile online business, which is strategic for it and its customers, Kauppalehti Tell.

Nokia’s shares on the Helsinki Stock Exchange rose after the Bloomberg report on Thursday. By 5 p.m., they were up a full 6 percent.