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Nokia talks up product portfolio on first day of combined operations with Alcatel-Lucent

2016-01-14 01:00:00| Total Telecom industry news

Finnish vendor reopens public exchange offer for outstanding Alcatel-Lucent shares.

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Nokia issues shares for Alcatel-Lucent, joins CAC 40

2016-01-11 09:03:00| Telecompaper Headlines

(Telecompaper) Nokia announced that its public exchange offer for Alcatel-Lucent securities in France and the US has been settled. Nokia's 1.46 billion new shares have been entered into the Finnish trade register and the company is now included in the CAC 40 index. The total number of Nokia's shares now stands at 5.45 billion shares, with Nokia's share capital unchanged at EUR 245.9 million. Nokia expects to reopen the offers in France and the US on 14 January and to close on 3 February. Alcatel-Lucent's board has confirmed Philippe Camus as chairman and CEO as it was modified to reflect the company's ownership structure following the settlement of the offer on 7 January.

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Nokia confirms BoD, BoD committees' composition 

2016-01-11 08:28:00| Telecompaper Headlines

(Telecompaper) Nokia confirmed the composition of the board of directors and announced the composition of the Board Committees and the new Group Leadership Team following the successful public exchange offer for Alcatel-Lucent securities. Nokia's board of directors consists of ten members, namely namely Risto Siilasmaa (chairman), Olivier Piou (vice chairman), Vivek Badrinath, Bruce Brown, Louis Hughes, Simon Jiang, Jouko Karvinen, Jean Monty, Elisabeth Nelson, and Kari Stadigh. The BoD also elected the members of the board committees. Bruce Brown was elected as chairman of the Personnel Committee, Jouko Karvinen was elected as chairman  of the Audit Committee, and Risto Siilasmaa was elected as chairman of the Corporate Governance and Nomination Committee. Nokia also announced the new composition of its Group Leadership Team, chaired by Rajeev Suri. 

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Nokia confirms post-merger leadership team

2016-01-11 01:00:00| Total Telecom industry news

Telco press plays another round of 'Where's Weldon?' after Alcatel-Lucent CTO's name is absent from list.

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Nokia gains control of Alcatel-Lucent

2016-01-04 12:10:25| Telecom - Topix.net

Finland's Nokia said on Monday it has gained control of French rival Alcatel-Lucent following its 15.6-billion-euro all-share offer and the two telecom equipment makers would combine on Jan. 14. The offers in France and the United States will be reopened this month, and the final results will be published in February. "We will move quickly to combine the two companies and execute our integration plans," Nokia Chief Executive Rajeev Suri said in a statement.

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