Assuming 90% of Nokia is mobile-related.
But mobile is: 45% ($14.4B) handsets + 45% ($14.4B) networks. Then $30B for NOK handset business is more than 100% premium to market.
Ericsson sold their handset business to SONY and still has large networks business.
Assuming 90% of Nokia is mobile-related. But mobile is: 45% ($14.4B) handsets + 45% ($14.4B) networks. Then $30B for NOK handset business is more than 100% premium to market.
Ericsson sold their handset business to SONY and still has large networks business.