Breaking News

ASUS Republic of Gamers Announces Availability of Swift OLED PG27AQWP-W and Strix OLED XG27AQWMG ASUS Announces Prime AP303 Compact Mid-Tower ATX Case Canon launches versatile EOS R6 Mark III and innovative RF 45mm F1.2 STM lens uHoo Launches Caeli – The Smart Air Quality Monitor DJI Introduces Osmo Mobile 8 with Intelligent Subject Tracking

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Nokia May Buy Alcatel-Lucent Wireless Business

Nokia May Buy Alcatel-Lucent Wireless Business

Smartphones Apr 14,2015 0

Nokia is in advanced talks to acquire the wireless infrastructure business of telecom firm Alcatel-Lucent.

The announcement of a deal could come "quickly", an unnamed source told French business newspaper Les Echos on Monday, while Bloomberg News quoted sources as saying Nokia could announce an agreement "as early as this week".

Nokia and Alcatel confirmed they are in "advanced talks" and are assessing a full merger, which would include Alcatel-Lucnet's core networking, wireless, and fixed-line access equipment businesses.

"Nokia and Alcatel-Lucent confirm that they are in advanced discussions with respect to a potential full combination, which would take the form of a public exchange offer by Nokia for Alcatel-Lucent," Alcatel-Lucent said. Nokia released an identical statement.

Both companies added that there is "no certainty at this stage that these discussions will result in any agreement or transaction".

The purchase would represent a boost in market share for Nokia, as it would help the company better compete with Swedish arch-rival Ericsson, profiting from Alcatel's position as a leading supplier of 4G and LTE mobile networks and related services.

According to other reports that emerged last week, Nokia was looking to sell its Here mapping division.

Tags: Nokia
Previous Post
LG Music Flow With Google Cast Launched
Next Post
CyberLink Launches PowerDVD 15

Related Posts

  • Ericsson, Nokia, II-VI, Lumentum and Sumitomo Electric, have jointly produced a technical paper on Mobile Optical Pluggables

  • Nokia to Continue Work With Microsoft on SONiC Data Centre Software

  • Nokia and Vodafone Hutchison Australia Unlock Low-band 5G Spectrum

  • Nokia Reports Q1 Profit Despite Supply Disruption

  • India's Bharti Airtel to Use Nokia's Network Equipment

  • HMD Global Announces New 5G Nokia Smartphone

  • Nokia Introduces New Wi-Fi 6 Mesh Router

  • Nokia Bell Labs Sets World Record in Fiber Optics Speed

Latest News

ASUS Republic of Gamers Announces Availability of Swift OLED PG27AQWP-W and Strix OLED XG27AQWMG
Gaming

ASUS Republic of Gamers Announces Availability of Swift OLED PG27AQWP-W and Strix OLED XG27AQWMG

ASUS Announces Prime AP303 Compact Mid-Tower ATX Case
Cooling Systems

ASUS Announces Prime AP303 Compact Mid-Tower ATX Case

Canon launches versatile EOS R6 Mark III and innovative RF 45mm F1.2 STM lens
Cameras

Canon launches versatile EOS R6 Mark III and innovative RF 45mm F1.2 STM lens

uHoo Launches Caeli – The Smart Air Quality Monitor
Consumer Electronics

uHoo Launches Caeli – The Smart Air Quality Monitor

DJI Introduces Osmo Mobile 8 with Intelligent Subject Tracking
Drones

DJI Introduces Osmo Mobile 8 with Intelligent Subject Tracking

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed