Nokia's acquisition of Alcatel-Lucent was cast into doubt by shareholders of the French-U.S. equipment vendor who are unhappy with the €15.6 billion ($17 billion) price agreed by the companies' managers.
Despite low LTE penetration, Russian mobile operators are starting to close the gap with their Western European counterparts in terms of LTE deployments, even though the government has never held an auction for next-generation frequencies. However, operators face several challenges in boosting LTE adoption, including a large number of prepaid users on 2G networks and a tough geographical environment that takes its toll on network infrastructure and its deployment.
The city of Oulu, Finland, launched a 5G test network that starting in June will operate as a public test environment. The network is a joint project of the VTT Technical Research Center of Finland, the University of Oulu and a dozen other partners including the city of Oulu, the Finnish Communications Regulatory Authority, Nokia and Yle.
Nokia has not indicated whether it will sell its HERE mapping business to a consortium led by German car makers, despite reports earlier this month that a deal was imminent.
Targeting public safety and the energy industry, Nokia Networks is launching a compact, rapidly deployable LTE network in a box with macro site capacity and coverage to provide real-time communication services.
Nokia said it is shifting its long-term strategy for its Nokia Technologies unit and will cut up to 70 jobs as a result. It's unclear at this point how Nokia's strategy for the division is changing.
Uber, the ride-booking service, is bidding for Nokia's HERE mapping unit, according to a report in the New York Times, which cited unnamed sources. The report said Uber's bid could be as much as $3 billion. Previous reports on the price for the HERE unit have reportedly hovered around $2.2 billion.
Alcatel-Lucent CEO Michel Combes said a proposed take over by Nokia Networks is not affected by the companies' respective earnings in the opening quarter, after the French-U.S. equipment vendor's net loss increased year-on-year.
Alcatel-Lucent said it is still dealing with lower carrier spending in the U.S. but still managed to boost its overall revenue in the first quarter and improve its gross margins on higher sales of software products.
Nokia is less than two weeks away from agreeing the sale of its HERE mapping business to a consortium of German car manufacturers and Chinese web company Baidu.