Nokia set to cut over 1,000 jobs at Alcatel Lucent
Finnish kit vendor Nokia is going to cut 1,233 jobs at its Alcatel-Lucent subsidiary in France as part of its continued search for profitability.
Finnish kit vendor Nokia is going to cut 1,233 jobs at its Alcatel-Lucent subsidiary in France as part of its continued search for profitability.
Nokia has released its financial results for the last three months, which look pretty positive, though job losses have put a slight dampener on the party.
Alcatel-Lucent Submarine Networks and Nokia Bell Labs have jointly announced they’ve broken another record which very few people knew about in the first place.
Nokia has reported a growth in operating profit for Q1 2016 despite a drop in sales and revenue for the quarter, and will be accelerating its cost-cutting plans following the Alcatel-Lucent acquisition.
Nokia has announced it will be reducing its workforce to cater for the Alcatel-Lucent integration and future market challenges or trends.
The protracted process of Nokia acquiring and incorporating fellow networking giant Alcatel-Lucent was formally completed today, with the Alcatel-Lucent brand effectively deleted.
Nokia has confirmed the makeup of its senior team now that the Alcatel-Lucent acquisition is pretty much a done deal.
The incremental progress of Nokia’s Alcatel-Lucent acquisition continues following the completion of the initial public exchange offer, resulting in Nokia now holding nearly 80% of outstanding A-Lu shares.
Telekom Austria subsidiary A1 is upgrading its fixed network using Vplus and G.fast technology from Alcatel Lucent.
Alcatel-Lucent has won major deals to supply both China Unicom and China Mobile with its core routing equipment.
Shareholders in Nokia ‘overwhelmingly’ supported the proposed acquisition of Alcatel-Lucent at an EGM and the completion is now a formality of meeting minimum acceptance or tender conditions.
Broadband connectivity and digital services in Africa are to get a boost from a 5,000km extension to its cable connectivity with Europe.
Qatar-based Ooredoo Group has signed five year contracts with Alcatel-Lucent, Ericsson and Huawei as it plans a massive infrastructure building programmes for networks in the Middle East, Africa, Asia Pacific and Southeast Asia.
Bell Labs, the research arm of Alcatel-Lucent, has announced the first demonstration of its space-division multiplexed optical multiple-input-multiple-output (MIMO-SDM) system.
Alcatel-Lucent has signed a three-year agreement to modernise the IP/MPLS and optical transport networks of the Tanzania Telecommunications Company Limited (TTCL).
Alcatel-Lucent has invented a way to help mobile operators boost radio performance and slash power and property costs with a new radio interface for distributed antenna systems (DAS).
Nokia has announced that Markus Borchert will become the Head of Europe in the new merger of Nokia and Alcatel-Lucent with a brief to oversee the combined company’s customer operations across Europe.
Alcatel Lucent is to help Burkina Faso to be the first West African nation to use the cloud to connect its public and private sectors.
The proposed €15.6bn merger between equipment makers Nokia and Alcatel-Lucent continues apace, after Nokia reported stronger-than-expected profits and a new plan to return money to shareholders.
A joint BT and Alcatel-Lucent experiment has achieved throughput speeds of 5 Gbps in lab conditions as they explore the potential of a variation on G.fast broadband technology (XG.FAST). The technology also reached a speed of 1.8 Gbps over a distance of 100 metres, in early experiments on this new networking type.
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