Nokia based out of Finland and Germany's Siemens announced today plans to merge their telecommunication equipment divisions which would create the world's third-biggest equipment group worldwide.
Each company will hold exactly 50% of the new company called Nokia Siemens Networks. The merger still requires approval, but this is another trend towards reversing the phone company breakup (AT&T) and the formation of just a few monopolistic phone companies and phone manufacturers.
Kind of reminds me of the bad guy (T-1000, Robert Patrick) in Terminator 2 that was broken into a million pieces in the warehouse only to reform back to its original shape. Can't find that exact scene, but here's the famous Terminator 2 Helicoptor scene where the T-1000 reforms in the cockpit.
Each company will hold exactly 50% of the new company called Nokia Siemens Networks. The merger still requires approval, but this is another trend towards reversing the phone company breakup (AT&T) and the formation of just a few monopolistic phone companies and phone manufacturers.
Kind of reminds me of the bad guy (T-1000, Robert Patrick) in Terminator 2 that was broken into a million pieces in the warehouse only to reform back to its original shape. Can't find that exact scene, but here's the famous Terminator 2 Helicoptor scene where the T-1000 reforms in the cockpit.
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![aas_mwc_nokia_n78[1].jpg](http://blog.tmcnet.com/blog/tom-keating/assets_c/2008/06/aas_mwc_nokia_n78[1]-thumb-150xauto-2473.jpg)
Funny picture
Is the merger between lucent and alcatel made you take this strategic decision to merge or is it due to the industrial preasure and to compete effectively in the china market.
i would be very much glad if i get a promt reply for my inqury.
thanks & regards
FAZMY