Economy of scale: With the acquisition of Alcatel-Lucent and more importantly its
FRANKFURT: Nokia's planned takeover of rival network gear maker Alcatel-Lucent will give it far greater scope to invest in new technologies like 5G mobile equipment while cutting costs, its chief executive said.
Rajeev Suri also told Reuters in an interview that the Finnish company was making rapid progress towards closing the acquisition, originally valued at €15.6bil (RM72.33bil).
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
