Nokia faces one final barrier to its planned merger with Alcatel-Lucent: its own shareholders.
Nokia received antitrust approval from the Chinese Ministry of Commerce for its proposed $17.6 billion (€15.6 billion) purchase of Alcatel-Lucent, clearing one of the last major hurdles to the deal. The two vendors agreed to several conditions to win approval from Chinese regulators.
Nokia's CEO Rajeev Suri said that its deal to acquire Alcatel-Lucent is progressing well, and that the most difficult integration will be the companies' individual wireless businesses. Suri, in an interview with The Times of India, also said that the combined company will offer a more comprehensive set of services than rival Ericsson.
Nokia and Ooredoo Group signed what the infrastructure vendor called a "major framework agreement" covering long-term network development in the Middle East, North Africa and Southeast Asia.
How did the wireless industry perform in the third quarter of 2015? In this earnings summary, we list results from the wireless industry's carriers, handset makers, equipment suppliers and others.
Nokia has tasked Federico Guillén to head up its Fixed Networks division, a move that illustrates that the company is coming closer to completing its acquisition of Alcatel-Lucent.
Nokia unveiled a new leadership team and organisational structure for the company that will result from its planned merger with Alcatel-Lucent that is expected to be completed in the first half of 2016. Of the 13-person leadership team, 10 members will come from Nokia.
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.