More M&A speculation about Siemens

Yesterday the foreign press and The Wall Street Journal had Siemens pegged as the next target for a telecom mega-deal, and today everyone else is getting into the game. Prudential Equity analyst Inder Singh said she believes a combination of Nortel and Siemens Com, with the parent company Siemens taking a minority stake in Nortel, would "offer a broad geographic reach, with legacy carrier relationships in Europe, North America and Asia." Singh estimates that such a company would hold 28 percent of the worldwide market for enterprise telephony, 22 percent of the global wireless infrastructure market and 19 percent of the optical market. Telecom infrastructure vendors and Siemens in particular have come under pressure following the merger of Alcatel and Lucent last week.

For more on the M&A speculation about Siemens:
- check out this article from LightReading