EC clears Nokia/Alcatel-Lucent deal

The European Commission gave the green-light to Nokia’s proposed multi-billion dollar acquisition of Alcatel-Lucent, stating that the deal “would not raise competition concerns”. This is because “the parties are not close competitors and since a number of strong global competitors …

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DT, Orange, Telefonica and Nokia support 5G consortium

Vendors Alcatel-Lucent, NEC and Nokia Networks, as well as operators Deutsche Telekom, Orange and Telefonica, are backing a group with the brief to think creatively about the mobile network architecture for 5G. The 5G NORMA (Novel Radio Multiservice adaptive network …

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Hedge fund Elliott takes AlcaLu stake – report

Elliott, the hedge fund with a history of buying into companies in the process of being acquired and pushing for a higher price, took a stake of about 1.3 per cent in Alcatel-Lucent, which is being sold to Nokia. The …

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Asia Briefs: GSMA-ITU forum pushes digital societies agenda, Ericsson appoints head of North East Asia & more

GSMA-ITU forum pushes digital societies agenda The GSMA and ITU, with support from ICANN and the Internet Society, organised a forum in Bangkok this week that brought together more than 100 policymakers, regulators and industry executives to discuss the development …

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Periscope gives us a view of new video world

NEW BLOG: When Dick Costolo, Twitter’s outgoing CEO, invested $67 million of the company’s sparse capital into live streaming application Periscope earlier this year, it’s unlikely he envisioned the impact it could have in such a short space of time. …

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EU to decide on Nokia, AlcaLu deal by 27 July – report

EU antitrust regulators are set to rule on Nokia’s proposed acquisition of Alcatel-Lucent by the end of July, according to Reuters. Nokia reportedly sought EU approval late last week, and the European Commission is to decide on the deal by …

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AlcaLu banks on IP video growth to transform TV industry

Network vendor giant Alcatel-Lucent predicts online video will soon become the primary way for users to access TV content, as the industry continues to see widespread consolidation in the IPTV and cable sectors. Speaking at the company’s IP video open …

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AlcaLu’s CEO confirms departure date not yet set

Alcatel-Lucent CEO Michel Combes told France’s national assembly that he will not leave the company before ensuring the sale to Nokia was on track. He was responding to a question posed in the parliament, following a report from French magazine …

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AlcaLu’s outgoing CEO set for Altice top spot – report

Alcatel-Lucent’s outgoing chief executive Michel Combes is reportedly set to join Europe’s ambitious communications group Altice, once the sale of the French vendor to Nokia is completed. According to Challenges magazine, Combes, who announced his resignation as an independent non-executive …

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