Alcatel-Lucent takes over UMTS mobile access business from Nortel

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Alcatel-Lucent takes over UMTS mobile access business from Nortel
Telecom industry giant Alcatel Lucent has confirmed that they have completed the acquisition of the high-speed UMTS mobile access business from Nortel.
The deal was worth around $320 million and this would help them make some inroads into the growing markets like China.
Alcatel-Lucent claims that they would gain [...]

http://business.techwhack.co/1637/alcatel-lucent-nortel/