HELSINKI (Reuters) – Finnish telecom equipment maker Nokia on Friday said it has agreed to create a joint venture in China with state-owned Huaxin, following Nokia’s proposed takeover of Alcatel-Lucent. Alcatel-Lucent and Huaxin currently share a similar joint venture. According to a memorandum of understanding, Nokia said it expects to hold 50 percent plus […]...
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Nokia agrees on China joint venture with Huaxin
venturebeat.com