Alcatel Lucent

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Alcatel Lucent - Total results - 82
Nokia posts better than expected quarterly profits; network business still declining
News & Analysis

Nokia posts better than expected quarterly profits; network business still declining

Nokia’s fourth-quarter group earnings before interest and taxes (EBIT) increased 7 percent from a year ago to 1.0 billion euros.

Nokia is still reviewing its options for the undersea cables unit, says CEO Rajeev Suri
News & Analysis

Nokia is still reviewing its options for the undersea cables unit, says CEO Rajeev Suri

The unit was bought by Nokia last year as part of its 15.6 billion-euro ($17 billion) acquisition of Franco-American rival Alcatel-Lucent.

Nokia's network department posts higher than expected quarterly profits
News & Analysis

Nokia's network department posts higher than expected quarterly profits

Finnish network equipment maker Nokia reported its quarterly profits fell less than expected, helped by cost cuts and the acquisition of Alcatel-Lucent, and said the tough global market was starting to stabilize.

Nokia sues Apple in US and Germany for infringing patents
News & Analysis

Nokia sues Apple in US and Germany for infringing patents

Nokia has three valuable patent portfolios that are commonly used in various consumer electronics such as tablets, mobile phones and personal computers.

Nokia posts a sharp drop in earnings as downturn hits telecom equipment business
News & Analysis

Nokia posts a sharp drop in earnings as downturn hits telecom equipment business

Nokia has succumbed to a downturn in the telecoms equipment business, posting a sharp drop in quarterly earnings and warning that demand for the kit which drives global network traffic would shrink further in the coming year.

China Mobile and Nokia sign $1.5 billion framework deal
Biztech

China Mobile and Nokia sign $1.5 billion framework deal

Nokia has signed a 1.36 billion euro one-year framework deal with China Mobile easing fears that it'd lose market share while merging with Alcatel-Lucent.

Nokia could cut up to 15,000 jobs worldwide: Employees union
Business

Nokia could cut up to 15,000 jobs worldwide: Employees union

Nokia kicked off the rationalisation program in April with a target to slash $1 billion of operating costs by 2018

Nokia reports Q1 net loss of $583 million, well below expectations
News & Analysis

Nokia reports Q1 net loss of $583 million, well below expectations

Nokia reported Tuesday a first-quarter net loss of 513 million euros ($584 million) due to lower demand in mobile networks and a drop in overall revenue despite its acquisition of Alcatel-Lucent. It warned of a further decline in earnings, causing the shares to plunge 7 percent.

Nokia to move swiftly after taking control of Alcatel-Lucent
News & Analysis

Nokia to move swiftly after taking control of Alcatel-Lucent

Finland's Nokia said it has gained control of French counterpart Alcatel-Lucent following its 15.6-billion-euro ($17 billion) all-share offer and the two telecom equipment makers would start to combine their operations next week.

Nokia remains bullish about Africa business despite economic slowdown
News & Analysis

Nokia remains bullish about Africa business despite economic slowdown

Finnish network equipment maker Nokia remains upbeat about its growth prospects in Africa despite a slowdown in many of the continent's fastest-growing economies, a senior company executive said.

Nokia CEO says Alcatel buy will increase its 5G firepower
News & Analysis

Nokia CEO says Alcatel buy will increase its 5G firepower

Nokia's planned takeover of rival network gear maker Alcatel-Lucent will give it far greater scope to invest in new technologies like 5G mobile equipment while cutting costs, its chief executive said on Wednesday.

Nokia announces new team post Alcatel-Lucent merger
Business

Nokia announces new team post Alcatel-Lucent merger

The company in April had announced acquisition of French firm Alcatel-Lucent in an all-stock deal valued at €15.6 billion ($16.6 billion).

Back to the future: Nokia prepares for mobile comeback
News & Analysis

Back to the future: Nokia prepares for mobile comeback

Nokia is hiring software experts, testing new products and seeking sales partners as it plots its return to the mobile phone and consumer tech arena it abandoned with the sale of its handset business.

Nokia rejects MTNL's purchase order for network expansion
Business

Nokia rejects MTNL's purchase order for network expansion

Nokia Networks was shortlisted in December 2013 as the lowest bidder for installing all the 3,526 mobile sites.

Carmakers team up with General Atlantic to bid for Nokia map firm: Report
News & Analysis

Carmakers team up with General Atlantic to bid for Nokia map firm: Report

Germany's premium carmakers Mercedes, Audi and BMW have teamed up with private equity firm General Atlantic to increase their firepower to acquire Nokia's mapping unit HERE, according to two people familiar with the matter.

China aims to boost Internet speeds, cut prices
World

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.

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

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.

Nokia may not sell HERE Maps unit after all
News & Analysis

Nokia may not sell HERE Maps unit after all

Telecom network equipment maker Nokia could decide not to sell its navigation business HERE when it has completed a review of the unit, its chairman said.

Nokia denies comeback to smartphone manufacturing
News & Analysis

Nokia denies comeback to smartphone manufacturing

Finland's Nokia denied reports in Chinese media that it planned to return to manufacturing phones.

Facebook, BMW, Audi and Uber show interest in Nokia Maps: Report
News & Analysis

Facebook, BMW, Audi and Uber show interest in Nokia Maps: Report

Nokia's maps business has drawn interest from at least four potential acquirers, including Facebook and a consortium of German carmakers BMW, Audi and Daimler, a German magazine reported.