(Bloomberg) — Nokia Oyj’s mobile networks assets are drawing preliminary interest from suitors including Samsung Electronics Co. amid increasing pressure to find new growth in the troubled telecom equipment sector, people with knowledge of the matter said.
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The Finnish company has been having discussions with advisers about potential options for its mobile networks business, which has struggled for years to compete with larger rivals like Huawei Technologies Co., the people said. Nokia has considered a number of different scenarios, from selling some or all of the division, to spinning it off or combining with a rival, the people said.
Deliberations are still at an early stage, and there’s no certainty Nokia will decide to pursue any transaction. The entire unit could be valued at roughly $10 billion, the people said, asking not to be identified because the…
