Nokia in Advanced Talks to Acquire Alcatel-Lucent Assets

April 13, 2015 7:39 PM

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Nokia Oyj is in advanced negotiations to acquire part of Alcatel-Lucent SA to strengthen its telecommunications-equipment business and better compete with Ericsson AB, according to people familiar with the matter.

Espoo, Finland-based Nokia may announce an agreement to buy Alcatel’s wireless assets as early as this week, the people said, asking not to be identified because the discussions are private. While a full takeover of Alcatel has also been examined, a purchase of the wireless unit remains the most lik...

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