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Alcatel-Lucent News

04 May 2017

Nokia to cut up to 200 jobs more in Finland on weaker demand

Nokia plans to cut up to 200 more jobs in Finland because of weak demand for its telecom network equipment.

02 Feb 2017

Nokia reports $826 million loss in 2016

Telcoms giant Nokia said that falling network sales and costs stemming from acquisitions and its integration of Alcatel-Lucent had resulted in a "disappointing" loss in 2016.

02 Nov 2016

Nokia completes Alcatel-Lucent acquisition

Nokia, the world's number one mobile phone maker for more than a decade until 2012, had struck a deal to buy the other firm in April 2015 but has struggled to buy up the remaining shares to gain full control of the company.

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.

02 Dec 2015

Nokia shareholders approve Alcatel-Lucent merger

Shareholders in Finnish telecom group Nokia approved the company`s acquisition of French-American rival Alcatel-Lucent at an extraordinary general meeting in Helsinki on Wednesday.

16 Nov 2015

Nokia appoints Sandeep Girotra designated head for India

Finnish telecom gear maker Nokia Monday said Sandeep Girotra would become the Head of India as part of the planned merger of the company and Alcatel-Lucent.

07 Oct 2015

Nokia announces new team post Alcatel-Lucent merger

Finnish telecom gear maker Nokia on Wednesday announced appointment of executives who will head various units after completion of Alcatel-Lucent's merger, with officials from Nokia dominating the merged entity.

15 Sep 2015

US regulator clears Nokia acquisition of Alcatel-Lucent

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.

31 Aug 2015

Alcatel-Lucent chief defends 14-mn-euro payout

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.

telecom equipment

28 Aug 2015

Nokia agrees on China joint venture with Huaxin

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.

Telecom network gear

30 Jul 2015

Nokia, Alcatel-Lucent post strong results as merger approaches

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.

European Commission

24 Jul 2015

EU clears Nokia's acquisition of Alcatel-Lucent

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.

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.

19 Apr 2015

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

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).

17 Apr 2015

Nokia CEO says French jobs pledge is business as usual

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

15 Apr 2015

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

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.

15 Apr 2015

Nokia to buy Alcatel-Lucent for $16.6 billion in an all-stock deal

Finish telecom network equipment maker Nokia on Wednesday announced acquisition of French firm Alcatel-Lucent in an all-stock deal valued at 15.6 billion euros (USD 16.6 billion).

15 Apr 2015

Nokia to buy Alcatel-Lucent in all-share deal

The deal will be finalised in the first half of 2016, the companies said.

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