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Nokia, Alcatel-Lucent post strong results as merger approaches

2015-07-30 12:16:37| Telecom - Topix.net

Nokia's 15.6 billion euro acquisition of Alcatel-Lucent announced in mid-April aims to position the company to better compete with market leader Ericsson and low-cost Chinese powerhouse Huawei [HWT.UL], by forging a strong number two in mobile with a more complete product line. But with competition in the sector remaining intense and demand from telecom operators soft, some investors still have concerns about the marriage.

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