- On 15 April 2015, Finnish telecommunications firm Nokia announced its intent to purchase its smaller French rival Alcatel-Lucent for €15.6 billion in an all-stock deal. The acquisition aimed to create a stronger competitor to the rival firms Ericsson and Huawei, whom Nokia and Alcatel-Lucent had surpassed in terms of total combined revenue in 2014. Acquisition completed in November 2016.
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