Nokia shot down reports it is gearing up to launch a new range of Android smartphones in 2016 in an official statement released in response to feverish speculation that the world's former number one device maker is set to re-enter the market.
Nokia's integration of Alcatel-Lucent following the proposed acquisition of its rival will be difficult and messy. Some significant rewards will take many years to achieve, if ever. However, very large research and development demands with economies of scale and scope in 4G, 5G and with fixed-mobile network convergence make this kind of transaction inevitable and indispensable.
Nokia reportedly attracted four potential bidders for its HERE mapping business, after announcing it is reviewing the division's future alongside a proposed acquisition of Alcatel-Lucent.
Nokia is preparing to jump back into the handset market as soon as next year, likely via licensing its brand and technologies, according to a Re/code report.
Now that the Q1 2015 earnings season is getting underway, FierceWireless is tracking the performance of large carriers and vendors, including T-Mobile US, Sprint, and Nokia. Special report
Speculation over Ericsson's future strategy has intensified following Nokia's announcement this week that it plans to buy Alcatel-Lucent, with some saying the Sweden-based vendor will be forced to expand its fixed-line business.
Nokia's $16.6 billion deal to acquire Alcatel-Lucent would bring together two large network vendors that have each gone through major mergers of their own that have been difficult, to say the least. Although the companies' leaders are defending the deal, some analysts are skeptical that the firms can pull off such a merger without major integration headaches.
How did the wireless industry perform in the first quarter of 2015? Check here throughout the first-quarter earnings report season for full earnings reports from the wireless industry's carriers, handset makers, equipment suppliers and others.
Nokia announced today that it will purchase Alcatel-Lucent (NYSE: ALU) for $16.6 billion. The deal will reestablish the European vendor's presence in the wireline space, an area that it largely left behind in recent years to solely focus on wireless.
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.