Nokia Corp. announced on Wednesday its plan to acquire rival Alcatel-Lucent in an all-share deal. The transaction values Alcatel-Lucent at €15.6 billion. The new company will become the world’s second largest supplier or telecommunication equipment (after Ericsson) and will be headed by the current Nokia top managers. The combined company will …
Read More »Nokia and Alcatel-Lucent restart merge talks
Alcatel-Lucent and Nokia Corp. have restarted talks about a possible merger, according to a media report. If the companies become one, they will be the world’s largest manufacturer of telecommunication equipment with formidable portfolio of telco patents. The Manager Magazin reported this week that Nokia, with its strength in wireless networks, …
Read More »BT pushes fibre backbone speeds to new heights
As the world moves ever onwards to an increasingly connected global society and our internet tubes get wider and wider, there's a real worry that the fibre optic backbone of it all won't be able to handle the increased connectivity, which is why BT has just tested the “fastest” (though …
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