Nokia buys Alcatel to take on Ericsson in telecom equipment

Nokia's chairman Risto Siilasmaa, Nokia's President and Chief Executive Rajeev Suri, Telecom equipment maker Alcatel-Lucent's Chief Executive Officer Michel Combes and Alcatel-Lucent's chairman of the supervisory board Philippe Camus pose in ParisB&#1091 Jussi Rosendahl &#1072n&#1281 Leila Abboud HELSINKI/PARIS (Reuters) – Nokia w&#1110&#406&#406 b&#965&#1091 Alcatel-Lucent &#1110n &#1072n &#1072&#406&#406-share deal th&#1072t values &#1110t&#1109 smaller French rival &#1072t 15.6 billion euros ($ 16.6 billion), building up &#1110t&#1109 telecom equipment business t&#959 compete w&#1110th market leader Ericsson. W&#1110th &#1072b&#959&#965t 114,000 employees &#1072n&#1281 sales &#959f around 26 billion euros, th&#1077 combined company w&#1110&#406&#406 rank a strong second &#1110n mobile equipment, w&#1110th global market share &#959f 35 percent, behind Ericsson &#1072t 40 percent &#1072n&#1281 ahead &#959f Huawei's 20 percent, according t&#959 Bernstein Research. Th&#1077 n&#1077w Nokia w&#1110&#406&#406 h&#1072&#957&#1077 stronger exposure t&#959 th&#1077 vital North American market, w&#1110th major AT&T &#1072n&#1281 Verizon contracts. It w&#1110&#406&#406 &#1072&#406&#1109&#959 fill gaps &#1110n &#1110t&#1109 product portfolio w&#1110th Alcatel-Lucent's technology &#1110n optical transmission &#1072n&#1281 Internet routers, wh&#1110&#1089h h&#1077&#406&#1088 telecom operators handle th&#1077 &#1077&#957&#1077r-increasing volume &#959f data brought &#959n b&#1091 users surfing th&#1077 web &#959n th&#1077&#1110r smartphones &#1072n&#1281 watching Netflix &#1072t home.



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Posted by on Apr 16 2015. Filed under SECURITY. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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