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Nokia withdraws Chennai plant sale plea following buyer back out

May 26, 2015

Nokia withdraws Chennai plant sale plea following buyer back out

Nokia India on Tuesday withdrew from Delhi High Court its plea seeking permission to urgently sell its mobile manufacturing unit in Chennai, which was frozen over a Rs 10,000 crore claim raised by the Income Tax department, saying the proposed buyer has backed out. #Business #India #Nokia #NewsTracker #Delhi High Court #Chennai #IT Department #Sriperumbudur Plant
China aims to boost Internet speeds, cut prices

May 14, 2015

China aims to boost Internet speeds, cut prices

The country's Internet penetration rate was only 47.9 percent last year, with connectivity especially low in smaller cities and rural areas. #China #Internet #NewsTracker #Ericsson #Nokia Oyj #Alcatel-Lucent #ZTE Corp #Huawei Technologies
Uber wants Nokia's mapping service HERE, offers $3 bn, reports NYT

May 08, 2015

Uber wants Nokia's mapping service HERE, offers $3 bn, reports NYT

Finland's Nokia said last month it had started a strategic review for HERE, a competitor to Google Maps, after announcing a takeover of network equipment rival Alcatel-Lucent. #Business #Nokia #Baidu #CompanyWatch #app #Alcatel-Lucent #Uber #Mapping service #HERE #Oyj
Taking on competition: Nokia to buy Alcatel-Lucent in an all-share deal

Apr 15, 2015

Taking on competition: Nokia to buy Alcatel-Lucent in an all-share deal

Finnish network equipment maker Nokia said on Wednesday it has agreed to buy Alcatel-Lucent in an all-share transaction that values the smaller French rival at 15.6 billion euros ($16.58 billion). #Nokia #Ericsson #Sweden #Shareholders #Employees #Alcatel-Lucent