Nokia's proposed acquisition of Alcatel-Lucent took another step forward with its filing of a preliminary draft of a registration statement on Form F-4 with the U.S. Securities and Exchange Commission (SEC).
Alcatel-Lucent said the 5GNOW technology group has completed its work on developing new approaches to the physical and medium access layers of wireless networks with the goal of making IoT communications in a 5G world more efficient.
Alcatel-Lucent CEO Michel Combes will step down from his role on Sept. 1 as the vendor moves toward completing its deal with rival Nokia; the combined company is going to be led by Nokia CEO Rajeev Suri.
Nokia reported stronger sales overall in its core networking business and a strong increase in sales in North America. The company had its most profitable quarter overall since it sold its handset business to Microsoft in April 2014, according to Nokia CEO Rajeev Suri.
Alcatel-Lucent is moving ahead with its merger with Nokia, announcing that CEO Michel Combes will be leaving the company on Sept. 1.
Alcatel-Lucent CEO Michel Combes said that there is strong pressure in the industry to have "5G" network products ready as soon as possible.
Cisco continues to be the service providers' top-choice core/edge router and carrier Ethernet switch vendor, according to a new IHS Infonetics report.
Nokia's deal to acquire Alcatel-Lucent will give it a stronger position in wireless but also make it "very strong" in North America, said Nokia CEO Rajeev Suri during a fireside chat at the GSMA's Mobile World Congress Shanghai.
WDM vendors like Alcatel-Lucent, Ciena and Cisco will continue to see revenue benefits over the next four years as more service providers upgrade their metro networks, a segment that Dell'Oro says will grow at a 10 percent CAGR. Demand for metro WDM capacity will drive up the overall optical transport revenues to $15 billion by 2019.
How did the wireless industry perform in the second quarter of 2015? In this earnings summary, we list results from the wireless industry's carriers, handset makers, equipment suppliers and others.