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Nokia to buy Alcatel-Lucent for $16.6 billion in an all-stock deal

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).

Nokia to buy Alcatel-Lucent in all-share deal

Last Updated: Wednesday, April 15, 2015, 11:26

The deal will be finalised in the first half of 2016, the companies said.

Nokia in talks to buy Alcatel-Lucent; France backs deal

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.

Nokia close to buying Alcatel's mobile networks unit: Report

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.

Nokia considers sale of map business HERE: Report

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.

`Fastest ever` broadband speeds achieved by UK scientists

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.

Fastest ever broadband speeds achieved

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.

Alcatel-Lucent announces 10,000 jobs cut around the world

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.

`Huawei, ZTE get most of China Mobile's $3 bn initial 4G contracts`

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.

Alcatel-Lucent partners Qualcomm for next-gen wireless sol

Last Updated: Tuesday, July 30, 2013, 18:34

Telecom equipment maker Alcatel-Lucent Tuesday said it has partnered with Qualcomm Technologies to collaborate for developing small cell base stations to enhance 3G, 4G and WiFi networks.

Alcatel-Lucent appoints former Vodafone top exec as its CEO

Last Updated: Friday, February 22, 2013, 21:06

Telecom gear maker Alcatel-Lucent (ALU) announced appointment of former Vodafone CEO for Europe region, Michel Combes as its new Chief Executive Officer.

Will invite partners for managed services company: Airtel

Last Updated: Friday, February 8, 2013, 14:24

Bharti Airtel on Friday said it will invite other telecom operators for equity participation in its managed services company, in which it has bought out Alcatel- Lucent's entire stake for an undisclosed amount.