Nokia is to make the first ever demonstration of a 5G network running on commercial platforms as part of its showcase at 5G World that will underline the momentum of bringing 5G to commercial reality. Following the successful launch in February of the industry-first 5G-ready AirScale Radio Access technology Nokia will demonstrate AirScale working together with its Cloud Packet Core, running on a Nokia AirFrame data center platform, the foundation of a commercial 5G architecture.
Nokia announced initial actions to reduce company personnel, part of a "synergy and transformation program" following the acquisition of Alcatel-Lucent. Nokia is targeting €900 million of operating cost synergies to be achieved by the end of 2018.
Nokia and Alcatel-Lucent celebrate their first day of combined operations, marking the completion of Nokia's latest transformation and the creation of a global leader in technology and services for an IP connected world.
Shareholders at Nokia Corp. overwhelmingly expressed their support for the proposed acquisition of Alcatel-Lucent, by adopting all resolutions set forth in an Extraordinary General Meeting ("EGM") concerning an authorization to issue shares and changes to the articles of association and composition of the board of directors.
Nokia announced that it has received antitrust clearance from the Chinese Ministry of Commerce (MOFCOM) for its proposed acquisition of Alcatel-Lucent. The clearance in China completes the material antitrust review process required for the transaction.
Nokia and Alcatel-Lucent announce their intention to combine to create an innovation leader in next generation technology and services for an IP connected world. The two companies have entered into a memorandum of understanding under which Nokia will make an offer for all of the equity securities issued by Alcatel-Lucent, through a public exchange offer in France and in the United States, on the basis of 0.55 of a new Nokia share for every Alcatel-Lucent share.
Microsoft Corp. and Nokia Corp. announced that the Boards of Directors for both companies have decided to enter into a transaction whereby Microsoft will purchase substantially all of Nokia’s Devices & Services business, license Nokia’s patents, and license and use Nokia’s mapping services.