Nokia agreed to purchase Alcatel-Lucent in a $16.6 billion (€15.6 billion) deal that would form a powerhouse to rival Ericsson and Huawei in the global market for telecom equipment. In the United States, the deal could create a company that could challenge Ericsson's leading position.
Nokia said it is to buy Alcatel-Lucent in a deal that values the France-based company at €15.6 billion ($16.6 billion) and creates a new European powerhouse in the telecoms equipment market.
Nokia confirmed reports that it is in advanced talks to purchase rival Alcatel-Lucent. The combined company would create a telecom power player better equipped to compete with market leader Ericsson and Chinese rivals Huawei and ZTE.
Nokia and Alcatel-Lucent confirmed they are in talks for Nokia to acquire Alcatel-Lucent in a merger that could give the combined company more fighting weight against Ericsson and Huawei in the network gear market. According to research firm IDC, the combined company would become the world's largest wireless network equipment vendor.
Telefónica is preparing to deploy subscriber management software from Alcatel-Lucent and consultancy Accenture in a bid to improve customer care in Europe and Latin America.
Verizon expects its recent move to begin upgrades on its long-haul optical network with Alcatel-Lucent's photonic equipment will set the stage for providing an automated on-demand environment from which it and its customers can provision wavelengths and bandwidth between key routes on the network.
Verizon is moving to beef up its long-haul network in the United States by deploying Alcatel-Lucent's wavelength routing technology, a move that it says will give it more flexibility to scale its network while automating its ability to seek out network faults.
FRANKFURT, Germany--The mobile industry appears largely in agreement that 5G will require a new air interface or waveform in order to handle the challenges presented by proposed new use cases, but as yet it is not clear what this new waveform will be.
Alcatel-Lucent's Bell Labs unit has launched a new consulting division that it says will focus on advising the IT and broader communications networking industry as it prepares to deal with upcoming network challenges that will emerge in the year 2020.
If I had to cite one word that featured in a number of presentations at the NGMN Alliance's industry event this week on 5G, it would be "slice". Not the most technical of terms it has to be said, but it cropped up time and time again as operators and vendors sought to explain how future mobile networks would be designed to cope with the demands of the "5G era" after 2020.