Missteps helped drive shares of Nokia in its current form close to their all-time lows as a multiple of expected earnings. Its new CEO, Pekka Lundmark, is tasked with the difficult job of returning it to prosperity.
Promoted | Vox has announced the availability of the Alcatel-Lucent Enterprise OXO Connect Evolution PBX solution.
When Nokia cut its outlook and halted the dividend last week, analysts blamed the company’s under-investment in research and development, among other things. Add internal politics to the list.
Alcatel-Lucent has announced it is about to begin construction of the Africa Coast to Europe submarine cable’s second phase, which will connect South Africa to São Tomé and Príncipe and provide an alternative route to Europe to the West Africa Cable System
Finland’s Nokia has agreed to purchase France’s Alcatel-Lucent for US$16,6bn. The deal will allow them to compete more effectively with market leader Ericsson and fast-growing Chinese rivals Huawei and ZTE. The boards of both companies have approved
Nokia – or what’s left of it after Microsoft bought its handset business – has revealed that it is in “advanced discussions” with Alcatel-Lucent with a view to buying the France-headquartered telecommunications equipment maker. The potential deal with
Alcatel-Lucent has won the contract from Vodacom to build a fibre broadband network into South African businesses and homes, the telecommunications equipment vendor said on Monday. The company, which is headquartered in France, has been
Bell Labs, the research and development arm of Alcatel-Lucent, announced this week that it has developed a prototype technology, called XG-Fast, which it used to transmit speeds of up to 10Gbit/s over traditional copper phone lines. The technology, which is expected to be launched commercially
South Africa is slipping behind some other African markets in providing mobile broadband, Tom Allen, the chief operating officer of Smile Telecommunications, the telecoms operator founded six years ago by former MTN executive Irene Charnley, warned on Wednesday
Telkom’s fixed-line broadband expansion plans can now continue unhindered after the telecommunications operator won a crucial battle at the supreme court of appeal in Bloemfontein. The supreme court on Monday dismissed an application brought by ZTE Mzanzi, a black-owned telecommunications company