The Reason Behind Nokia's Swift Alcatel Merger
After gaining control of French network-equipment rival Alcatel-Lucent SA in January, Rajeev Suri put his team at Nokia Oyj on a tight schedule: in just 90 days they had to hash out which products to keep and what to jettison. While Nokia’s 48-year-old chief executive officer admits he’s no fan of indecision, “procrastinated discussions” and office politics, that pace was extreme even for the fast-moving world of technology. But Suri’s urgency had a purpose. He didn’t want to repeat the mistakes of past mergers at the two network suppliers that dragged on for years and led to billions of dollars in losses. Bloomberg's Chad Thomas spoke to Suri at the Finnish company’s headquarters just outside Helsinki.