Nokia, which is active in the production of telecommunications equipment, is considering options for the transfer of its mobile network division and has attracted the attention of competitors such as Samsung.
According to Bloomberg, Nokia is apparently considering several options, including handing over, selling part or all of its mobile networks, as well as merging this unit with a rival company. The value of this part of Nokia may reach 10 billion dollars.
The news of the possible sale of Nokia’s mobile networks comes as the company announced last month that its operating profit for the second fiscal quarter has decreased by about 32% due to weak demand for 5G telecommunication equipment.
Samsung, the world’s largest manufacturer of memory chips, smartphones and televisions, is said to have expressed initial interest in buying some of Nokia’s assets. Negotiations are still in the early stages and there is no guarantee of a deal.
Nokia says it does not comment on rumors or market speculation and emphasizes its commitment to the success of mobile networks; A part that is considered a very strategic asset for this company and its customers.
