The French components manufacturer Alcatel-Lucent announced in a press release on 2 January that it had concluded the acquisition of Nortel's UMTS radio access business (UTRAN) on 31 December for the sum of $320 million. Alcatel-Lucent is now expected to become the world number three in the Universal Mobile Telecommunications System (UMTS) sector after Ericsson and the joint Nokia-Siemens company, the creation of which is still being finalised. The final agreement for the acquisition of Nortel's UMTS activities, for...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT