Nokia Siemens Networks is set to complete its acquisition of Motorola’s network infrastructure business next week after China’s antitrust regulator approved the deal.
Zhang Zhiqiang, head of greater China at NSN, told the Financial Times that the Chinese ministry of commerce had on Wednesday given the deal its “unconditional approval”. The ministry could not be reached for comment.
The long-delayed deal will fuel competition among the global leaders of the telecoms network infrastructure industry by bringing NSN closer to Huawei, which in turn is breathing down the neck of Ericsson, the world’s largest network gear vendor.
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