US regulator clears Nokia acquisition of Alcatel-Lucent

Last Updated: Monday, September 14, 2015, 21:27

Finnish telecom group Nokia announced Monday it has received all US regulatory approvals needed for its proposed acquisition of Alcatel-Lucent, taking a step closer towards creating the world's biggest supplier of mobile phone network equipment.

Alcatel-Lucent chief defends 14-mn-euro payout

Last Updated: Monday, August 31, 2015, 23:06

The head of telecoms equipment maker Alcatel-Lucent rejected government pressure Monday to renounce bonuses which could see him receive around 14 million euros (USD 15.7 million) as part of its buyout by rival Nokia.

Nokia agrees on China joint venture with Huaxin

Last Updated: Friday, August 28, 2015, 17:17

Finnish telecom equipment maker Nokia on Friday said it has agreed to create a joint venture in China with state-owned Huaxin, following Nokia`s proposed takeover of Alcatel-Lucent.

Nokia, Alcatel-Lucent post strong results as merger approaches

Last Updated: Thursday, July 30, 2015, 17:00

Shares in telecom network gear makers Nokia and Alcatel-Lucent jumped on Thursday after both posted strong second-quarter results, giving a positive signal ahead of their pending merger.

EU clears Nokia's acquisition of Alcatel-Lucent

Last Updated: Friday, July 24, 2015, 17:19

The European Commission said on Friday it had approved Finnish telecom equipment group Nokia`s planned purchase of Alcatel-Lucent because the two were not close competitors and would still face strong global competition.

Germany auto makers ready offer for HERE as deadline looms

Last Updated: Thursday, June 18, 2015, 08:28

Finland`s Nokia started an auction of its HERE high-definition maps business while it focuses on completing its 15.6 billion euros ($17.2 billion) takeover of network equipment maker Alcatel Lucent.

Nokia wins US approval to buy Alcatel-Lucent

Last Updated: Wednesday, June 17, 2015, 21:28

The U.S. Department of Justice has given a green light to Nokia`s deal to buy French rival Alcatel-Lucent, the two companies said on Wednesday.

Alcatel-Lucent defends Nokia deal as weathers US slowdown

Last Updated: Thursday, May 7, 2015, 14:10

Alcatel-Lucent earns almost half its revenue in North America where it supplies mobile and broadband gear to Verizon and AT&T.

Nokia's telecom network profit drops in first quarter

Last Updated: Thursday, April 30, 2015, 13:07

Overall revenue held up well to come in slightly ahead of forecasts, but Nokia said profits dropped due to lower software sales, higher research and development costs and challenging conditions in Europe and Latin America.

Nokia's Alcatel buy: India to account for 18% revenue

Last Updated: Sunday, April 19, 2015, 15:12

This will create an entity with a combined market cap of about 45 billion euro (close to USD 49 billion) and a revenue base of around 26 billion euro (about USD 28 billion).

Nokia CEO says French jobs pledge is business as usual

Last Updated: Friday, April 17, 2015, 13:18

Nokia has pledged not to cut French jobs for two years after the closure of the deal, beyond what Alcatel had already planned.

Nokia-Alcatel deal may force Ericsson to expand fixed line range

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.