Company Overview of Alcatel-Lucent Shanghai Bell Co., Ltd.
Alcatel-Lucent Shanghai Bell Co., Ltd., through its subsidiaries, manufactures switching networks, mobile telecommunication networks, data communication networks, transmission networks, network applications, and multi-media terminals. The company offers narrowband and broadband switching system, narrowband and broadband access system, serial module system, environment surveillance system, integrated access system, wireless access system, and mobile switching system. The company was formerly known as Alcatel Shanghai Bell, Co. Ltd. and changed its name to Alcatel-Lucent Shanghai Bell Co., Ltd. in January 2009. Alcatel-Lucent Shanghai Bell Co., Ltd. was founded in 1984 and is headquartered in ...
No. 388, Ningqiao Road
Founded in 1984
Key Executives for Alcatel-Lucent Shanghai Bell Co., Ltd.
President of China Operations
Compensation as of Fiscal Year 2016.
Alcatel-Lucent Shanghai Bell Co., Ltd. Key Developments
Nokia China and Alcatel-Lucent Shanghai Bell to Form New Joint Venture
Aug 28 15
Nokia and China Huaxin Post & Telecommunication Economy Development Center (China Huaxin) have signed a memorandum of understanding confirming their intention to combine Nokia's telecommunications infrastructure businesses in China (Nokia China) and Alcatel-Lucent Shanghai Bell (ASB) into a new joint venture. As agreed under the MoU, Nokia expects to hold 50% plus one share in the new joint venture, with China Huaxin holding the remaining shares. Fair value compensation would be received for the contribution of relevant assets to the joint venture. The new joint venture is conditional on and would be formed after the closing of Nokia's planned combination with Alcatel-Lucent, at which point Nokia would own 50% plus one share of ASB. The new joint venture is planned to operate under the English name of Nokia Shanghai Bell and would be registered in the China (Shanghai) Pilot Free Trade Zone. The new joint venture would have one board of directors, one management team, unified customer and business functions, and one integrated product portfolio and R&D platform. As agreed in the MoU, Nokia and China Huaxin will negotiate the final terms of how the new joint venture would be created. A deadlock mechanism exists within the MoU to ensure final agreement is reached between Nokia and China Huaxin regarding the terms of transfer and valuation of all relevant assets. This mechanism would deliver a resolution if definitive agreement has not been reached within nine months after completion of Nokia's proposed combination with Alcatel-Lucent. Until the closing of the proposed combination between Nokia and Alcatel-Lucent, Nokia China and ASB will continue to operate as two independent companies.
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