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Nokia to sell submarine network business to France for $375M
The Register· 6 days agoNokia is planning to sell off its undersea internet cable business unit to France. The transaction is worth €350 million ($375 million) and will see France initially purchase an 80 percent stake ...
Nokia Bets on AI Data Center Boom in $2.3 Billion Infinera Deal
Bloomberg via Yahoo Finance Canada· 5 days ago(Bloomberg) -- Nokia Oyj has agreed to buy Infinera Corp. in a $2.3 billion deal that will expand...
Nokia Deals Aim To Boost Optical Networking, Divest Submarine Networks Unit
CRN· 5 days ago'We believe now is the right time to take a compelling inorganic step,' Nokia CEO and President...
Nokia sells subsea cable unit to French State
Data Center Dynamics· 6 days agoThe French State’s ownership gives us a stable platform to further develop our vertically integrated technology offering. Nokia will initially retain a...
Nokia offloads subsea unit for €350m
TelecomTV· 6 days agoNokia is to exit the submarine networks market with the sale of its Alcatel Submarine Networks (ASN) business to the French state for €350m, as it aims...