ALCATEL/LUCENT.
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...
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