{"id":827109,"date":"2024-06-28T10:17:39","date_gmt":"2024-06-28T04:47:39","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=827109"},"modified":"2024-06-28T10:17:39","modified_gmt":"2024-06-28T04:47:39","slug":"nokia-to-sell-alcatel-submarine-networks-to-french-state-for-374-mn","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/28\/nokia-to-sell-alcatel-submarine-networks-to-french-state-for-374-mn\/","title":{"rendered":"Nokia to sell Alcatel Submarine Networks to French state for $374 mn"},"content":{"rendered":"<p>NEW DELHI: Finnish telecom gear maker Nokia has agreed to sell Alcatel Submarine Networks (ASN) to the French state for 350 million euros ($374 million), but said on Thursday the deal would not impact its financial outlook.<\/p>\n<p>This is expected to reduce the net sales of Nokia\u2019s Network Infrastructure business group by 1 billion euros, but increase operating profit margin by 100-150 basis points, as per the vendor. Going forward, the business group will comprise three units \u2013 fixed networks, IP networks and optical networks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Finnish telecom gear maker Nokia has agreed to sell Alcatel Submarine Networks (ASN) to the French state for 350 million euros ($374 million), but said on Thursday the deal would not impact its financial outlook. This is expected to reduce the net sales of Nokia\u2019s Network Infrastructure business group by 1 billion euros, but increase operating profit margin by 100-150 basis points, as per the vendor. Going forward, the business group will comprise three units \u2013 fixed networks, IP networks and optical networks.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-827109","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/827109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=827109"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/827109\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=827109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=827109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=827109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}