Companies / Canada
Alcatel Looks To Strengthen 3G Division
September 2006 | Company News AlertFrench telecoms equipment vendor Alcatel has announced plans to buy the UMTS division of Canadian counterpart Nortel for US$320mn. The two companies have reached a preliminary, but non-binding agreement, which would see Alcatel acquire Nortel's UMTS radio access business, including its patents, products and clients. The deal is expected to conclude by the end of the
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