Nokia setting sights on Alcatel-Lucent
by Samuel Gibbs and agencies from on (#70XH)
Post Microsoft buyout of its smartphone division, Finnish company eyes up French smartphone and networking manufacturer Alcatel-Lucent
Nokia has confirmed that it is in advanced talks to buy French smartphone and wireless equipment manufacturer Alcatel-Lucent.
The Finnish firm confirmed speculation from French financial newspaper Les Echos, which could see Nokia bolster its networking business against Swedish rival Ericsson as well as give it a possible re-entry into the smartphone market.
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