Nokia to acquire Alcatel Lucent

Q.  Finnish telecom group Nokia shareholders have approved the acquisition by the company of which firm/rival group?
- Published on 03 Dec 15

a. Vodafone
b. British Telecom
c. Alcatel Lucent
d. None of the above

ANSWER: Alcatel Lucent
 
Shareholders in a Finnish telecom company Nokia have approved purchase of French American rival group Alcatel Lucent. The shareholders backed the merger plan sans a vote as none of the shareholders present raised objections. Nokia is currently a leading mobile telephone maker and the combined revenue with Alcatel Lucent stands at USD 26.5 billion.

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