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New Nokia Equipped to Make a Deal With Alcatel-Lucent

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As Nokia Oyj reemerges as a contender in the telecommunications industry, it’s never been in a better position to acquire Alcatel-Lucent SA.

Nokia has transformed itself from a fumbling mobile-phone maker into a slimmer company focused on wireless networking. The stock has tripled in two years amid the comeback. Now, it’s in talks over a takeover of Alcatel-Lucent.