Alex Webb, Columnist

A Slimmer Nokia Might Better Compete With Huawei

It should resist the urge to merge with Ericsson to create a European giant.

February 26, 2020 at 10:36 PM UTC

Alex Webb is a correspondent for Bloomberg Quicktake. He previously covered the technology, telecoms and media industries in London, San Francisco and Munich.

Slender is better.
Photographer: Patrick T. Fallon/Bloomberg

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The prospect is tantalizing: the Boeing Co. versus Airbus SE battle, but for the 5G era.

Nokia Oyj, the Finnish telecommunications equipment firm, is contemplating asset sales and merger options, Bloomberg News reported on Wednesday. That raises the prospect of joining forces with Swedish rival Ericsson AB, thereby creating a European behemoth to compete more effectively with China’s Huawei Technologies Co.