Nokia CEO Rajeev Suri committed to utilising Alcatel-Lucent's French R&D facilities to develop technologies including 5G and small cells as part of a deal to secure the backing of France's government for the companies' planned merger.
The 3GPP took a big step forward last week in defining a new LTE standard designed for the low-power and low-bandwidth nature of the Internet of Things.
Nokia, Ericsson and Intel are teaming up to deliver what they think will be the best cellular protocol for machine-machine communications in the Internet of Things. The three companies are going to collaborate on Narrowband-LTE (NB-LTE), which they argue is the best path forward for using LTE to power IoT devices.
LAS VEGAS--Nokia is working with Google in the 3.5 GHz spectrum band and may be considering deploying LTE-U in that band. According to Ricky Corker, president of North America and EVP of Nokia Networks, the company is seeing interest in deploying LTE-U in the 3.5 GHz band from non-traditional players like Google. However, Google denies it is working with Nokia specifically on LTE-U.
Alcatel-Lucent bowed to political pressure by agreeing to almost halve the bonuses it will pay to former CEO Michel Combes, to €7.9 million ($8.9 million).
LAS VEGAS-- The 5G buzz is escalating as U.S. operators like Verizon Wireless are announcing 5G trials and vendors like Nokia Networks are promising commercial 5G-ready hotspot equipment in 2017.
Verizon is working with partners Alcatel-Lucent, Ericsson, Cisco, Nokia, Qualcomm and Samsung to test 5G in the company's innovation centers in Waltham, Mass., and San Francisco. The technology field trials are expected to begin in 2016.
Nokia Networks doesn't have any software defined networking (SDN) deals to announce with U.S. carriers, but it wants the world to know that is ready to deliver on the multi-vendor approach that operators around the world are asking for.
Outgoing Alcatel-Lucent CEO Michel Combes will receive around $14.6 million (€13 million) in stock over three years, but the vendor insisted that the compensation is not a bonus tied to him leaving the company amid Nokia's pending $17.5 billion takeover of Alcatel-Lucent.
HTC's Vive virtual reality headset will not have a widespread commercial launch in 2015, as initially planned, with the launch slipping into 2016. HTC had previously said the Vive would be commercially released by year-end.