It’s official: Nokia is buying Alcatel-Lucent. The all-stock deal will swap 0.55 Nokia shares per AlcaLu share, valuing AlcaLu at €15.6 billion ($16.6 billion).
The deal’s biggest implications are in the mobile network. Together, Nokia and AlcaLu hold a 29 percent market share in mobile radio access network equipment, as measured by revenue, according to data from market research firm Dell’Oro Group (see chart below). Ericsson and Huawei held respective market shares of 33 percent and 24 percent last year.