Nokia is looking to become a "global leader" in technology with the purchase of French company Alcatel-Lucent in a deal worth $16.6 billion.
Following speculation regarding a deal, Finnish telecoms giant Nokia admits it's in discussions with its French rival, but warns that nothing is certain yet.
The Finnish company may be finished with phones, but it has come a long way since starting as a paper mill in 1865.
Former handset giant calls reports it will rejoin the smartphone sector in 2016 "false."
The company's "Unified Wireless Networks" concept promises to more than double your download speeds, boost your upload speed by 55 times and double the Wi-Fi range.
The struggling network equipment maker will cut its workforce by about 14 percent in an effort to trim $1 billion in costs, European newspapers report.
His resignation comes after four tumultuous years at the helm of the struggling network equipment maker.
A San Diego jury says Apple and LG did not infringe on patents owned by Alcatel-Lucent's Multimedia Patent Trust.
Apple and LG are due in court this week to defend against charges from Alcatel-Lucent subsidiary Multimedia Patent Trust that they've infringed its video patents.
The new 100Gbps fiber-optic link will open up international communications for 15 telecommunications companies and protect against severed cables or other problems.