European shares fall after slump in Nokia and Alcatel
* FTSEurofirst down 0.3 pct, Euro STOXX 50 down 0.8 pct
* Nokia, Alcatel fall after Samsung settlement
* Bankia rises after reporting higher profits
* Italian bank stocks also gain on prospect of M&A (Updates with closing prices)
By Sudip Kar-Gupta and Alistair Smout
LONDON, Feb 1 (Reuters) - European shares fell on Monday, pulled lower by telecom equipment stocks amid investor disappointment over the terms of a deal between Nokia and Samsung to settle a legal dispute.
The pan-European FTSEurofirst 300 index, which fell 6 percent in January in its biggest monthly drop at the start of a year since 2008, dipped 0.38 percent to 1,344.75.
Germany's DAX and the euro zone's blue-chip Euro STOXX 50 fell 0.4 percent and 0.8 percent respectively.
Shares in Nokia and Alcatel -- which Nokia is in the process of acquiring -- slumped around 11 percent after traders expressed disappointment with the terms of Nokia's settlement of a patent dispute with Samsung. Continuación...