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Alcatel Lucent, Nokia Networks Reportedly in Merger Talks 295jq
By Reuters | Updated: 18 December 2014 17:47 IST
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Alcatel Lucent , 's Manager Magazin reported on Thursday, citing company sources.
The two companies could merge or agree close cooperation, the magazine said, adding that talks had resumed in the European autumn. 5l356b
Shares in Alcatel rose 5.8 percent following the report. Nokia was up 2.1 percent.
Manager Magazin also said Nokia was considering entering the wearable technology sector.
Alcatel declined to comment. Nokia was not immediately available for a comment.
© Thomson Reuters 2014
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