Home | Telecom | Telecom News Nokia Shareholders Give Green Light to Alcatel-Lucent Acquisition by Gadgets 360 Staff , 3 December 2015 Nokia shareholders have overwhelmingly approved the acquisition of ailing French telecom Alcatel-Lucent, removing one of the last hurdles to the EUR 15.6 billion (roughly Rs. 1,10,240 crores) deal that will make the Finnish company a market leader in networks.
The authorisation for the Nokia board to finalise the takeover came at an extraordinary general meeting Tuesday following last month's launch of a public exchange offer for all outstanding Alcatel shares. In October, Nokia said it would pay EUR 4 billion to shareholders as the company raised its outlook for the year.
CEO Rajeev Suri said he was delighted by shareholders recognizing the “long-term value creation opportunity” of the deal, expected to close during the first quarter of 2016.
After the approval, the last remaining step for the Finnish group is to conclude its public exchange offer..
No matter how big the battery on any smartphone, it degrades over time. If your smartphone lasts a whole day on a single charge when it's fresh out of its box, then one year later its battery life will be significantly less. The Gionee Marathon M5 Plus, which the company unveiled at a special event in Dongguan, China this week, tries to solve this problem. Gionee claims that the smartphone's battery will retain 90 percent of its capacity after 600 charging cycles, which translates to roughly two years of use.
This explains why the Gionee Marathon M5 Plus has a slightly lower capacity 5020mAh battery, when compared to the 6020mAh battery if the Gionee Marathon M5 (Review | Pictures). The “Plus” moniker has more to do with its larger screen and longer-lasting battery, according to Gionee. In a world where an Android smartphone with a humongous 10000mAh battery isn't impossible, the Marathon series' battery capacity doesn't seem excessive.
The biggest challenge fo..
Meizu might have some way to go before establishing itself as a serious player in India, but it's fairly well established in its home market China. In the business of smartphones since 2008, Meizu is one of the top 10 manufacturers in China. Following a heavy infusion of capital investment from Alibaba in February, the company announced plans to launch in India a month later and finally launched the m1 Note in May.
The latest product from its stable to launch in India is the Meizu m2. Priced at Rs. 6,999, the m2 offers a solid set of specifications and features, while keeping the price competitive. We explore the device in our in-depth review.
Look and feel
The Meizu m2 has a distinct look, which follows the same design philosophy that the company has used with all of its devices. It apes Apple's designs to a certain extent, especially the front which has only a single physical button. While this might look good, the button has to serve as both the Home and Back keys, since i..
Mobile equipment maker Nokia sees the shift to the next generation of 5G wireless networks kicking off well ahead of 2020, the year when many in the industry consider mass-market upgrades will begin, its chief executive said on Sunday.
Chief Executive Rajeev Suri said the company plans to pick up investment in 5G technology in 2016 and that sales of 5G-ready equipment capable of future upgrades could begin as early as 2017.
“5G will happen faster than expected. This may surprise some of you,” Suri declared to an audience including investors ahead of the Mobile World Congress in Barcelona this week.
Suri said that in contrast to past “big bang” rollouts of older mobile equipment cycles, 5G will require plenty of equipment upgrades to occur before some of the key 5G standards are expected to be formalised in 2018 and 2019.
“2020 is probably where we see global volume deployments,” Suri said, but added: “We will start to see a lot of action ahead of 2020 – in 2017, 2018, 2019.”