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General

Nokia-Alcatel merger is reaction to convergence - CEO

Saturday 18 April 2015 | 12:58 CET | News
Nokia and Alcatel-Lucent's planned merger is a response to the explosion in data traffic in a hyperconnected world where customers' needs are changing, Nokia CEO Rajeev Suri told Les Echos. The structure of the market is evolving, with consolidation among operators around the world and between fixed and mobile services. Alcatel-Lucent CEO Michel Combes told the newspaper that to win the war for 5G, which he calls "the platform of convergence", the group will have to be present in all areas, fast broadband, fixed, IP, cloud... and we must be ready to invest massively. Although Alcatel-Lucent

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Categories: General
Companies: Alcatel-Lucent USA/FR / Nokia
Countries: Europe / World
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