Nokia plans to acquire all ordinary shares, American depositary shares and convertible bonds issued by Alcatel-Lucent
through a public exchange offer in France and in the United States whereby Alcatel-Lucent
securities will be exchanged for Nokia shares in the French Offer and Nokia shares or Nokia ADSs in the US offer.
The offer values Alcatel-Lucent
at EUR 15.6 billion on a fully diluted basis, after taking into account the early conversion and associated dilution of Alcatel-Lucent
's convertible bonds, corresponding to a fully diluted premium of 34% (equivalent to EUR 4.48 per share), and a premium to the shareholders of 28% (equivalent to EUR 4.27 per share), on the unaffected weighted average share price of Alcatel-Lucent
for the previous three months.
employs 6,000 staff in France out of a global total of 52,000.
Following the divestment, Alcatel-Lucent
will maintain a minority stake in a newly-formed holding company, incorporated in France.
For more information, visit Alcatel-Lucent
on: http://www.alcatel-lucent.com, read the latest posts on the Alcatel-Lucent
blog http://www.alcatel-lucent.com/blog and follow the company on Twitter: http://twitter.com/Alcatel_Lucent.
China Mobile has awarded Alcatel-Lucent
24% of its overall EPC network, making Alcatel-Lucent
the primary EPC supplier for the entire 4G LTE network.
The agreement will have Alcatel-Lucent
upgrade and refresh Jumbo Electronics data centres, LAN infrastructure and add Wi-Fi services at their Dubai Headquarters.
The coherent transport network, which is based on Alcatel-Lucent
's Agile Optical Networking technology, will enable high-capacity, high-speed distribution of data across the country.
said it will look at candidates both internally and from outside the company.
Application Fluent Network detects virtualised applications and applies a profile-driven policy to enable a network to adjust to virtualised traffic in order to meet service quality demands, Alcatel-Lucent
Under the agreement, Alcatel-Lucent
will design and deploy a complete end-to-end 3G W-CDMA network in the Pacific coastal and Southern area of Ecuador.
As communications service providers face the increasing challenge of a network capacity crunch due to the demands of smartphone ownership and growing video traffic, Alcatel-Lucent
(Euronext Paris and NYSE: ALU) is introducing the Photonic Service Engine (PSE), a new chip for fiber optic networks that offers double the capacity, and four times the speed of today's networks.
(Euronext Paris and NYSE: ALU) is making it simpler for people to access the Internet - whether on smartphones, tablets or laptops - over secure Wi-Fi connections in homes or hotspot locations such as coffee shops and shopping centers.
has announced its selection by Saudi Telecom Company (STC), the leading service provider in the Kingdom of Saudi Arabia, to launch the first 4G LTE (Long Term Evolution) wireless network in the country, bringing subscribers true broadband services to their mobile devices.