Diabytes
Telecom equipment News
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Finnish telecom equipment maker Nokia on Friday said it has agreed to create a joint venture in China with state-owned Huaxin, following Nokia`s proposed takeover of Alcatel-Lucent.
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Long-pending network expansion plan of MTNL may get delayed further as telecom equipment supplier Nokia Networks, which was the lowest bidder for the project, has rejected the purchase order from the PSU.
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The European Commission said on Friday it had approved Finnish telecom equipment group Nokia`s planned purchase of Alcatel-Lucent because the two were not close competitors and would still face strong global competition.
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