Nokia confirms talks to acquire Alcatel-Lucent

14 Apr 2015

Finland’s Nokia has confirmed that it is in advanced discussions to acquire French-US rival Alcatel-Lucent, in a move that would strengthen its telecoms network equipment business. ‘In relation to recent media speculation Nokia and Alcatel-Lucent confirm that they are in advanced discussions with respect to a potential full combination, which would take the form of a public exchange offer by Nokia for Alcatel-Lucent,’ the two companies announced in a statement on their websites. They added that there is no certainty that discussions will result in an agreement or transaction, stating that ‘a further announcement will be made when appropriate’. Bloomberg cites a person familiar with the matter as saying that Nokia executives are seeking to secure backing for a deal from the French government, which has previously tried to block corporate mergers in the country.

Finland, France,Nokia, Alcatel-Lucent, Nokia Networks (formerly NSN),

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share