The move is expected to help Nokia expand its presence in the key US market.
Telecom equipment maker Alcatel-Lucent unveiled plans on Tuesday to cut an overall 10,000 jobs worldwide by the end of 2015, hoping to save 1 billion euros ($1.36 billion) and turn the company around after years of losses.
Nokia sold its once-dominant handset business last year.
The company had recently announced its plans to reduce the number of managers by about 1,000 and the number of contractors by another 5,000 as a part of its restructuring initiatives. The company is in discussion with other firms for deployment of low-cost WiMax devices in the country.
It is introducing a new business model to manage fixed line and DSL broadband networks.
Alcatel-Lucent has bagged the contract to build undersea cable linking Mumbai and France.
Telecom major Alcatel-Lucent on Wednesday said they are in talks with various service providers, including Reliance Industries and Tikona Digital Networks for deploying infrastructure for mobile broadband services.
Franco-American telecom equipment vendor Alcatel-Lucent has shortlisted India as the new location for its global services headquarters, which will entail an investment of $500 million over the next three years, company CEO Ben Verwaayen said.
The proposed merger between US- based Lucent Technologies Inc, a CDMA telecom equipment provider, and French major Alcatel is a 'strategic fit for India', a senior Lucent India executive said on Thursday.
Telecom major Bharti Airtel on Thursday signed a five-year managed services deal valued at $500 million with Alcatel Lucent for its fixed-line and broadband operations.
Alcatel-Lucent currently operates a joint venture with Reliance Communications to manage the Indian carrier's network.
In what could be one of the largest outsourcing deals in the Indian telecom space, Reliance Communications is close to awarding a $500-600 million (Rs 2,500-3,000 crore) operations and maintenance contract to Foprench telecom infrastructure provider Alactel-Lucent.
The Rs 8,000-cr deal is expected to be finalised early next month.
According to sources, with this deal and some others in the anvil Reliance would be able to double its network capacity(GSM and CDMA) from 35 million lines currently.
Global telecom equipment maker Alcatel Lucent (ALU) on Thursday said it will reduce headcount by 5,000 globally and exit or restructure non-profitable markets to save Euro 1.25 billion by the end of 2013.
By sharing the infrastructure with others, telecom companies can drive down their costs, reduce investments and, in the process, improve their bottom line.
Internet service provider O-Zone Network and telecom equipment maker Alcatel Lucent have inked an agreement for jointly developing Wi-Fi hotspots across the country.
Ben Verwaayen, CEO, Alcatel-Lucent, does not consider India as a low-cost destination. Rather he does not like to use the word offshore in the context of India. "If it is just about cost then I would not have been in India but to some other low-cost country. For me, India is a high talent country," he adds. As the person who was heading British Telecom's operations before taking over Alcatel-Lucent, he has pushed over a billion dollar of outsourcing work to India.
In a breakthrough, scientists in the UK have achieved the "fastest ever" broadband speeds of 1.4 terabits per second - enough to transmit 44 high-definition movies at once.
Consumer durables major Videocon Industries has firmed up its telecom plans and is making an initial investment of Rs 6,000 crore for rolling out GSM services, notwithstanding spectrum and legal issues besieging the sector. The services will be launched through its subsidiary, Datacom Solutions, by May. In case of a delay in spectrum allocation, the company may opt for taking spectrum on lease.
Telecom equipment vendor Nokia-Siemens filed a case in the Delhi High Court today against its disqualification on technical grounds as a bidder for state-owned Bharat Sanchar Nigam Ltd's tender for 94 million lines, one of the world's largest telecom contracts worth over Rs 50,000 crore.
This January, Lars Boilesen took over the reigns of Opera Software after its co-founder and leader of 15 years, Jon S von Tetzchner, stepped down.
Four former Indian CEOs - three of them with telecom companies and one from soft drinks major Coca-Cola - have come together to start an angel partner firm, the Phi Group. Interestingly, the group has roped in two former bosses of global telecom companies for its international foray.
The Job fair attracted many large companies such as W W Grainger, Allstate, PepsiCo, Tech Mahindra, L&T Infotech and L&T Technologies, who were the corporate sponsors.
Ravi Shankar Prasad in a review meeting of MTNL earlier this month had pulled up officials for poor network quality and slow pace of network roll-out.
The government on Friday put on hold the preferential market access (PMA) policy that provided for sourcing of sensitive telecom and electronic equipments and technology from domestic manufacturers over security concerns.
A US court has asked Antrix Corporation, the commercial arm of Indian Space Research Organisation, to pay a compensation of USD 1.2 billion to a Bengaluru-based startup, Devas Multimedia, for cancelling a satellite deal in 2005.
Indian telecom seems to be getting back on its feet.
Five of the 10 best-paid independent directors belonged to the Tata group, followed by four from Reliance Industries and one from Wipro.
Nokia is hiring software experts, testing new products and seeking sales partners.
Decision against panel's suggestion.
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