Nokia Takes Another Step to Acquire Alcatel Lucent
Nokia gets nod from European Commission to acquire French telecommunication equipment company Alcatel Lucent. Earlier Nokia received no objection certificate from anti-trust organizations of Albania, Canada, Colombia, Russia, United States, Brazil and Serbia. The deal amount is clocked at USD 16.6 billion. The NoC comes as a relief to Nokia to strengthen its RAN and core networks business in several territories. EC states that this deal does not raise competition... Read More
