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Thursday, June 27, 2024

Nokia to acquire optical network gear maker Infinera in $2.3 bn deal

“The combined businesses have a strong strategic fit given their highly complementary customer, geographic and technology profiles. With the opportunity to deliver over 10% comparable EPS (earnings per share) accretion, we believe this will create significant value for shareholders,” said Pekka Lundmark, President and CEO of Nokia.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/PR5t17A

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