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Nokia has bid to acquire Comptel, a communications sector software specialist with hundreds of OSS and BSS customers, for €347 million ($371 million) in cash.

So what do industry analysts who follow the communications software sector have to say about Nokia Corp. (NYSE: NOK)'s move?

 




Kris Szaniawski, Analyst, Practice Leader, Telecom Operations and IT, Ovum.

"This deal makes perfect sense. This is where Nokia has been planning to grow, just like Ericsson, which has been focused on growing its software business with M&A activity, and Huawei, which has been growing through internal developments."

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