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Mr. Ollila also said that he expected Nokia's wireless network business for 2004 would be "flattish" from 2003, an improvement from the company's previous projections.
Over the last year, Ericsson has spent $1.13 billion to buy the wireless network business of its Canadian competitor Nortel, and spent $242 million this year for Nortel's stake in a Korean equipment venture, now called LG-Ericsson.
Alcatel-Lucent's most recent loss came in large part from an 810 million euro write-down related to the company's wireless network business in North America, where "a key customer" reduced its capital spending, the company said.
Assess content as complement to existing wireless network business.
Assess potential to expand the buyer's wireless network business by moving from being a mobile virtual network operator (MVNO) to a mobile network operator (MVO) player.
In 2011, Huawei's wireless network business accounted for 45.91 billion yuan (about $7.4 billion USD), or 23percentt of the company's total revenue of 203.93 billion yuan.
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Then I transferred to Dallas to be part of its new wireless networks business, and in 1995 I was named its president.
Nokia's wireless-networks business, by contrast, is almost too dominant: it now accounts for 88% of revenues because the Finnish firm sold its handset business to Microsoft in 2014.
But Bob Cai, the Chinese company's vice president in charge of wireless-network marketing, told the Wall Street Journal that Huawei still expects its key wireless-network business to gain ground in Europe and Asia.
Earlier this month, Bob Cai, Huawei's vice president in charge of wireless-network marketing, admitted the company's U.S. growth will be hindered this year by security concerns, and that it's looking toward Europe and Asia to grow its key wireless-network business.
Owning their own wireless network would make better business sense.
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