Samsung is reportedly exploring the possibility of acquiring part of Nokia’s mobile network business, as the Finnish telecom company reviews strategic options for its division, valued at approximately $10 billion. Sources cited by Bloomberg suggest that Nokia is considering various paths, including a partial or full sale, spin-off, or merger, as it faces intense competition and slowing demand in the telecom market.
Samsung’s interest centers on expanding its presence in the radio networks sector, which is critical for connecting user devices to telecommunications infrastructure. As the 5G rollout faces delays, particularly in Europe, the market has seen a downturn, prompting companies like Nokia to reassess their strategies.
While neither company has confirmed the discussions, with Nokia stating that it has “nothing to announce,” Samsung’s potential move could signal an ambition to strengthen its position in the global telecom infrastructure market. Nokia, which once led the mobile phone industry, has pivoted to telecom equipment, but the cooling demand for 5G upgrades suggests that it may need to adapt quickly to stay competitive.
