UMTS will be remembered as the trigger that imploded Europe's mobile industry. We expect that consolidation will leave only five groups serving all mobile users by 2008.
More Quotes from Lars Godell:
These bids have not been driven by an overarching vision or an attempt to foster innovation in the industry. They have been largely driven by attempts to leverage the cash flow of European telecom operators.Lars Godell
The deal is going to take between six and 12 months to clear, and then a couple of years -- at the very least -- will be needed to integrate the two companies. This is going to be a very complex undertaking.
Lars Godell
Both are very proud companies coming out of very proud nations, and this could again make a deal a bit tricky. One has to ask how easily two super-strong engineering cultures can collaborate when both think they are the best in the world.
Lars Godell
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