Home › News ›

Nokia Gains Control of Alcatel-Lucent

Article Comments

Jan 4, 2016, 10:30 AM by Eric M. Zeman
updated Jan 4, 2016, 1:46 PM

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. "We will move quickly to execute our integration plans," said Rajeev Suri, President and CEO of Nokia. "Nokia and Alcatel-Lucent will offer a combined end-to-end portfolio of the scope and scale to meet the needs of our global customers. We will have unparalleled R&D and innovation capabilities, which we will use to lead the world in creating next-generation technology and services." Nokia already divested its handset business to Microsoft and its HERE mapping business to a consortium of automakers. The telecommunications business is now Nokia's core focus.

Related

ZTE Axon 30 Ultra Drops June 4 with Triple 64-Megapixel Cameras

May 13, 2021
ZTE today announced the US launch details for its new Axon 30 Ultra flagship phone. It will be available starting June 4th for $749.

ZTE Launches Axon 30 with Hidden Front Camera

Jul 27, 2021
ZTE today announced the Axon 30, a more affordable sibling to the already-announced Axon 30 Ultra flagship phone. The Axon 30 is launching today in China, with a global version coming soon.

Motorola's new Edge Offers a Lot for $500

Aug 18, 2022
Motorola has taken the wraps off its new Edge phone for 2022. This is the little sibling to the Edge+, the company's flagship phone.

Apple Watch Goes Ultra

Sep 7, 2022
Apple has refreshed its Apple Watch lineup with Series 8, a new Watch SE, and added a larger, more rugged Apple Watch Ultra for athletes and extreme adventurers. Apple Watch Series 8 has two main upgrades over Series 7: temperature sensors and Crash Detection.

Google Brings Nearby Share to Windows

Apr 3, 2023
Google has released a public beta version of Nearby Share for Windows computers. Installing the new Nearby Share app on a Windows device makes it easy to exchange files with nearby Android phones and tablets.

more news about:

Comments

This forum is closed.

This forum is closed.

No messages

Page 1 of 1