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Alcatel-Lucent's Shares and OCEANEs are delisted from the regulated market of Euronext Paris today, November 2, 2016.
Once the offer period opens, the proposed transaction will remain subject to approval by Nokia shareholders and the satisfaction of the minimum tender condition set at more than 50% of Alcatel-Lucent's share capital on a fully diluted basis, unless such condition is waived in accordance with applicable law and regulation.
Alcatel-Lucent shareholders would own 33.5% of the fully diluted share capital of the combined company, and Nokia shareholders would own 66.5%, assuming full acceptance of the public exchange offer.
"The future of Alcatel-Lucent would be assured, but our
The transaction will now enable Alcatel-Lucent Enterprise to benefit from a strong and recognized investor, providing the means and resources necessary to strengthen its ambition including leadership positions in enterprise communications while accelerating investment in new areas of net growth.
Reportedly, the Alcatel-Lucent Evolved Packet Core (EPC) is a high-capacity IP solution that sits at the heart of a mobile network.
The agreement is a major stepping-stone for Alcatel-Lucent's presence in the region.
Alcatel-Lucent's Agile Optical Networking technology - on which the deployment with ARSAT is based includes 40G and 100G Dense Wavelength Division Multiplexing (DWDM) technology on its 1830 Photonic Service Switch (1830 PSS) platform as well as the 1350 Optical Management System.
Verwaayen joined Alcatel-Lucent in 2008 after the ouster of the previous management led by American Patricia Russo.
SDN-focused enhancements to the Alcatel-Lucent OmniSwitches' Application Fluent Networking capabilities include:
A world leader in the design, deployment, management and integration of networks and a leading player in the mobile broadband infrastructure market, Alcatel-Lucent has deployed 350 commercial wireless networks worldwide, currently serving 73 W-CDMA operators in 53 countries including 5 of the top 10 W-CDMA operators by subscribers.
Built on innovations from Bell Labs, the Alcatel-Lucent Photonic Service Engine supports 400 gigabit per second (400G) data transmission speeds on optical networks.