Last Updated: Thursday, April 16, 2015, 00:50
Sweden`s Ericsson , the world`s biggest maker of mobile telecoms equipment, will probably have to expand its range of fixed line products to defend its turf following Nokia`s purchase of Alcatel-Lucent.
Last Updated: Wednesday, April 15, 2015, 15:46
"There will be some impact on headcount but we don`t know the number yet," he said, adding that procurement and other costs could come down to achieve the synergy target, in addition to headcount.
Last Updated: Wednesday, April 15, 2015, 14:53
Finish telecom network equipment maker Nokia on Wednesday announced acquisition of French firm Alcatel-Lucent in an all-stock deal valued at 15.6 billion euros (USD 16.6 billion).
Last Updated: Wednesday, April 15, 2015, 11:26
The deal will be finalised in the first half of 2016, the companies said.
Last Updated: Tuesday, April 14, 2015, 13:39
Nokia Oyj is in talks to buy smaller telecom equipment maker Alcatel-Lucent, a deal combining the industry`s two weakest players that is backed by the French government but could pose challenges in cutting costs.
Last Updated: Tuesday, April 14, 2015, 09:19
Finland`s Nokia Oyj is close to a deal to buy Alcatel-Lucent`s mobile networks unit to boost its core business especially in the United States and China, Les Echos newspaper reported on Monday.
Last Updated: Friday, April 10, 2015, 23:41
Nokia is considering selling its maps business HERE, a report by Bloomberg News said, pushing up shares in the Finnish company as well as its network gear rival Alcatel-Lucent.
Last Updated: Thursday, January 23, 2014, 19:55
Raising hopes of millions of net users for more efficient data transfer in the current infrastructure, scientists in the UK have achieved the "fastest ever" broadband speeds in a test.
Last Updated: Thursday, January 23, 2014, 16:56
In a breakthrough, scientists in the UK have achieved the "fastest ever" broadband speeds of 1.4 terabits per second - enough to transmit 44 high-definition movies at once.
Last Updated: Tuesday, October 8, 2013, 17:40
The company has lurched from crisis to false dawn to crisis since it was formed of a merger, and is restructuring and refocusing its activities to staunch losses.
Last Updated: Thursday, September 26, 2013, 10:14
Nokia is discussing internally whether to approach French rival Alcatel-Lucent about a tie-up.
Last Updated: Friday, August 23, 2013, 09:34
Foreign vendors such as Ericsson, Alcatel-Lucent SA and Nokia Siemens Networks have obtained a share of around 10 percent each.
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