Now it appears the $17 billion deal to acquire Alcatel Lucent (NYSE:ALU), a leading European networking solutions provider, could be finalized much sooner than the targeted mid-2016 closing initially announced.
Alcatel-Lucent SA (ADR) in an official post on its website revealed that it has conducted the world's first field test of virtualized radio access network (vRAN) architecture, based on network functions virtualization (NFV) technology in collaboration ...
BNL Finance (press release) (registration) (blog) - Feb 2, 2017
Never-mind the revenue, EPS, and all the typical metrics you look at when a company reports earnings. Everyone knew that 2016 was a transition year for Nokia Corp (ADR) (NYSE:NOK) after its acquisition of Alcatel-Lucent SA (ADR) (NYSE:ALU).
The much awaited merger of Nokia Corporation (ADR) (NYSE:NOK) and Alcatel Lucent SA (ADR) (NYSE:ALU) might face obstacles after the Finnish company reported its weak quarterly results, according to Reuters.
It was a big contract win for Alcatel Lucent SA (ADR) (NYSE:ALU). The company was awarded a big 4G deal by China Telecom, which would make it one of the three top suppliers of high-speed mobile broadband access.