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Nokia Gains Control Of Alcatel-Lucent


Ron Burgundy
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Media people attend a news conference with Nokia and Alcatel-Lucent in ParisFinland's Nokia said on Monday it has gained control of French rival Alcatel-Lucent following its 15.6-billion-euro ($17 billion) all-share offer and the two telecom equipment makers would combine on Jan. 14. The French stock market authority said interim results showed Nokia would hold around 79 percent of Alcatel shares. "We will move quickly to combine the two companies and execute our integration plans," Nokia Chief Executive Rajeev Suri said in a statement.




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