The merger of Siemens' and Nokia's mobile phone divisions is all over the news today (see, for example, this). As this BusinessWeek article points out, this isn't the first merger in the telecom equipment sector.
Do you think that this merger will provide benefits for innovation? Who do you think benefits the most from this merger? Do you think that this is significant in changing the competitive dynamics of the telecom equipment industry?
Update: This article adds a bit more dimension to the industry environment ...
Telecommunications, mergers, Lucent, Alcatel, Ericsson, Nokia, Siemens, Motorola, Nortel