TIM Brazil

Nokia shareholders approve Alcatel-Lucent takeover

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.

Telecom Italia reports first profit since 2010

Telecom Italia has posted its 2014 full year results showing the telco achieved profits for the first time in three years. This follows the operator’s recently announced three-year strategic plan, under which it plans to invest some €14.5 billion to modernise its network infrastructure.