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......
Telecom equipment maker Nokia on Tuesday said it is in talks to buy all of its smaller Franco-American rival Alcatel-Lucent to strengthen its telecommunications equipment business. "Nokia and......
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......
Finnish telecom network equipment maker Nokia has agreed to buy Alcatel-Lucent in an all-share transaction that values its smaller French rival at 15.6 billion euros ($16.6 billion). Nokia......
Even after announcing 1,000 job cuts globally, Alcatel-Lucent is bullish on the Indian telecom market and plans to hire about 1,000 people by next year. "The job cut was announced at a global level......
Telecom major Bharti Airtel on Tuesday said it is buying the entire shareholding in the joint venture with Alcatel Lucent, as part of a new business model to manage fixed line and broadband......