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Tag Archives: Alcatel-Lucent

Nokia to Buy Alcatel-Lucent for $16.6B

Nokia_Buys_Alcatel

There were just speculations yesterday and today Nokia has officially announced that it plans to go ahead with the purchase of Alcatel-Lucent. Nokia will pay $16.6 billion in share for takeover Alcatel-Lucent, a rival telecom equipment manufacturer. The merger will be complete by first half of next year. In a statement, Alcatel-Lucent CEO Michel Combes said “This transaction comes at ... Read More »