Nokia has also stated that the plan to realize the synergies will happen by end of 2018, one year ahead of original estimates, and will save $1.2B, $300 million higher than original estimates.  BofA estimates the synergies could rise as much as $1.6B, I think that is optimistic but it leaves Suri room to raise synergiesagain in some future quarter. And there are more news that I am probably forgetting.  

I was hoping that Ericson would stabilize, but this latest news puts a very dark cloud over the sector. Ericson is indeed in a heap of trouble, it has cash in the bank ($2.4B net of debt), but it is faced with having to consider making an acquisition while facing steep declines in profitability, heavy restructuring charges due to layoffs, etc.  Given the size of the restructuring, what any acquisition would cost (Juniper's market cap is nearly $9B, Arista is $5B), that is not a whole lot of money.  I too wonder:  Who would like to be acquired by a damage goods company??

Nokia as I posted before has a much larger cash cushion, it will come out well after this brutal period.  It too should have a definite advantage over Ericson, it is far ahead along the re-invent and turn around curve, Ericson is reacting to trouble and only after a lot of damage has already been done to its business, they were totally asleep at the wheel.