Following rumours of a possible merger or acquisition, Nokia has confirmed it is in advanced talks to buy Alcatel-Lucent. In a joint statement, the companies said a potential merger would take the form of a public exchange offer by Nokia.

Statement regarding Nokia/Alcatel-Lucent media speculation

In relation to recent media speculation Nokia and Alcatel-Lucent confirm that they are in advanced discussions with respect to a potential full combination, which would take the form of a public exchange offer by Nokia for Alcatel-Lucent. There can be no certainty at this stage that these discussions will result in any agreement or transaction.

A further announcement will be made when appropriate.