Europe Approves Nokia's Purchase of Alcatel-Lucent
The European Commission today gave Nokia permission to move forward with its acquisition of rival Alcatel-Lucent. Following its initial review, the Commission approved the deal without placing any conditions on the terms. The acquisition still needs to be approved by Nokia's shareholders and antitrust regulators in a handful of other countries. Nokia expects the complete the deal during the first half of 2016.
Review: Alcatel Idol 4S - Unlocked
Alcatel's flagship Android handset strives to break through barriers with its high-end design and mid-range specs. The middle of the market is a tough space in which to play, and, rather than allowing the Idol 4S to stand on its own merits, Alcatel hopes a set of VR goggles, a case, and a pair of headphones will help sweeten the deal.
Nokia's Alcatel-Lucent Acquisition Clears CFIUS
Nokia today said the Committee on Foreign Investment in the United States has approved its proposed acquisition of Alcatel-Lucent. CFIUS' approval was the last regulatory hurdle in the US, which has already been approved by the Justice Dept.
China Approves Nokia's Alcatel-Lucent Acquisition
Nokia's attempt to acquire Alcatel-Lucent has cleared another hurdle now that it has won approval from China's Ministry of Commerce. The anti-monopoly body will allow the proposal to move forward under certain conditions, which mostly pertain to licensing standard essential patents.
Nokia Forges China Joint Venture to Win Alca-Lu Approval
Nokia has signed a memorandum of understanding with a China government-backed investment company called Huaxin in order to encourage approval of its proposed acquisition of Alcatel-Lucent. The acquisition has already been approved by U.S.
Nokia Gains Control of Alcatel-Lucent
Nokia today said it has officially taken the reigns of Alcatel-Lucent after its public exchange offer for Alcatel-Lucent was accepted by the French stock market authority. Nokia expects to merge the two companies in order to form a telecommunications powerhouse to compete against Ericsson, ZTE, and others.