Nokia Networks' southern Africa head Deon Geyser said operators in the continent are on the cusp of increasing their investment in network infrastructure, as consolidation offsets broader economic slowdowns.
The Communications Workers of America union has filed a request with the U.S. District Court in New Jersey to get a temporary restraining order against Alcatel-Lucent over claims that the French company plans to use money for retirees' health care to cover its own pension funding obligations.
Alcatel-Lucent has joined the Open source SDN Network Operating System (ONOS) organization that is working on a carrier-grade SDN network operating system.
Nokia CEO Rajeev Suri said Ericsson and Cisco's partnership to resell each other's products and services and jointly develop new ones means that Nokia was right to purchase rival Alcatel-Lucent for $16.6 billion (€15.6 billion). Nokia also commenced its formal share offer to buy Alcatel-Lucent's outstanding shares and drive the merger toward completion early next year.
Nokia named the executive who will head up its business in India after the completion of its proposed €15.6 billion ($16.7 billion) merger with Alcatel-Lucent.
Better signal performance and lower power consumption are two of features Alcatel-Lucent promises to deliver in a new radio interface for distributed antenna systems (DAS).
Nokia confirmed that Alcatel-Lucent CTO Marcus Weldon, who also serves as the president of Bell Labs, will take on the CTO role in the combined company once Nokia completes its acquisition of Alcatel-Lucent.
Nokia named the two executives who will head up its businesses in Europe and the Middle East and Africa (MEA) following the completion of its proposed €15.6 billion ($16.8 billion) merger with Alcatel-Lucent that it expects to close in the first half of 2016.
Nokia said Ricky Corker will become the head of its North American business following the close of its $16.8 billion deal to buy rival Alcatel-Lucent. Corker, a Nokia veteran with more than 10 years of experience at the company, currently serves as executive vice president for North America and chairman of SAC Wireless at Nokia Networks.
Ericsson and Cisco's partnership to resell each other's products and services and jointly develop new ones could generate well more than the $1 billion each in revenue by 2018 that the vendors have projected, according to senior executives at the firms. Meanwhile, John Chambers, Cisco's executive chairman and former CEO, indicated that he thinks Nokia's deal to acquire Alcatel-Lucent is likely to fail, something Nokia dismissed.