Is the telecom industry set for further consolidation? Yesterday, Citigroup 's Ehud Gelblum threw cold water on the notion that Ericsson might buy Juniper Networks or Ciena , but some others are not so quick to dismiss. Pierre Ferragu , who has an Outperform rating on Ericsson shares, thinks it makes a lot of sense for them to buy Juniper: In short, we believe the following: - It makes financially and strategically enormous sense for Ericsson to buy Juniper for a hefty premium.
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