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Nokia-Alcatel Deal News

16 Jun 2016

Nokia moves to finalise acquisition of Alcatel-Lucent

The world's former top mobile phone maker had gained control of 80 percent of Alcatel-Lucent's shares by January but has struggled to mop up the remaining shareholders to gain full control of the company.

06 Apr 2016

Nokia to cut thousands of jobs following Alcatel deal

Telecom network equipment maker Nokia is planning to cut thousands of jobs globally, including 1,400 in Germany and 1,300 in its native Finland, as part of a cost-cutting programme following the acquisition of Alcatel-Lucent earlier this year.

17 Jun 2015

Nokia wins US approval to buy Alcatel-Lucent

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.

07 May 2015

Alcatel-Lucent defends Nokia deal as weathers US slowdown

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

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