Summary:

A little while ago, in my Business 2.0 column, I pointed out the detrimental impact the mega-mergers will have on the telecom equipment market place. It seems that does is arriving sooner than later. Siemens, which is trying to find out ways to get rid of […]

A little while ago, in my Business 2.0 column, I pointed out the detrimental impact the mega-mergers will have on the telecom equipment market place. It seems that does is arriving sooner than later. Siemens, which is trying to find out ways to get rid of its struggling handset business, is apparently in talks with Nortel and Acer in a bit to shore up its position in the wireless equipment business. Reuters quotes a report in Der Spiegel, indicating a link-up between Nortel and Siemens. Another German newspaper Sueddeutsche Zeitung said Siemens was in advanced partnership talks with Acer, Taiwan’s top personal computer company, over its mobile phone business.” I expect more shake-ups or link-ups like this going forward.

By Om Malik

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