Nokia is in advanced talks to launch a takeover bid for all of Alcatel-Lucent, as the Finnish telecoms equipment company seeks to challenge the industry leader Ericsson.
Nokia is in advanced talks to acquire Alcatel-Lucent’s wireless business, say people familiar with the matter.
The Finnish company’s move to acquire assets from its Franco-American rival highlights its return to growth and appetite to expand following the sale of its handset business to Microsoft a year ago.
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