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Nokia Said in Advanced Talks to Buy Alcatel-Lucent Assets

2015-04-13 23:45:17| Telecom - Topix.net

Nokia Oyj is in advanced negotiations to acquire part of Alcatel-Lucent SA to strengthen its telecommunications-equipment business and better compete with Ericsson AB, according to people familiar with the matter. Espoo, Finland-based Nokia may announce an agreement to buy Alcatel's wireless assets as early as this week, the people said, asking not to be identified because the discussions are private.

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