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Nokia (Swiss: NOK1V.SW - news) has struck a 15.6 billion euro deal to buy its rival Alcatel (Paris: FR0000130007 - news) -Lucent to create the world's biggest supplier of mobile phone network equipment James Neal Jersey , both companies said on Wednesday.

The Finnish telecom giant has agreed to give shareholders in its Franco-American rival 0.55 shares in the new merged company for every one of their own.

The new group "will be uniquely positioned to create the foundation of seamless connectivity for people and things wherever they are," Nokia's statement said.

It will go by the name Nokia, be based in Finland, and be run by Nokia's current management team, it said.

The group is targeting savings of 900 million euros ($960 million) in costs by the end of 2019 without further job cuts following the restructuring, both companies said Authentic Golden Knights Jerseys , adding that the merger should save an additional 200 million euros in financial charges.

Alcatel-Lucent boss Michel Combes, told French TV channel BFM Business that the new group was committed to "increasing R& activities in France by 25 percent" by hiring 500 additional researchers, bringing the total research and development workforce in the country to 2,500.

"The new group's innovation and research capabilities on a global scale will be spearheaded in France," he said.

The French government said Tuesday it was concerned about jobs disappearing in France if the merger were to go through.

Rumours have swirled since December of a possible deal between the two firms, with France's Les Echos reporting on Monday that executives had been in negotiations since January.

Nokia was the world's biggest mobile phone maker for more than a decade until it was overtaken by South Korea's Samsung in 2012.

Then in 2014 Vegas Golden Knights Jerseys , Nokia sold its mobile phone and tablet division to US software giant Microsoft (NasdaqGS: MSFT - news) , and the company now develops mobile and Internet network infrastructures for operators.

Nokia is now set for a significant boost in market share.

The deal will also help Nokia bolster its mobile infrastructure business against Swedish arch-rival Ericsson (Xetra: ERCA.DE - news) and China's Huawei, profiting from Alcatel's position as a leading supplier of 4G and LTE mobile networks and related services.

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SYDNEY, Jan. 28 (Xinhua) -- An Australian football star's career is on the line after footage emerged of the man harassing a woman and simulating sex with a dog while intoxicated on Australia Day.

Australian Rugby League star Mitchell Pearce has been stripped of his captaincy and stood down by football club, the Sydney Roosters, on Thursday Tomas Tatar Golden Knights Jersey , saying he needs professional help after footage emerged of an alcohol-fueled lewd act on Australia Day.

Pearce was filmed making unwanted sexual advances towards a woman and simulated having sex with a dog while he's also been accused of urinating on a couch.

""The behavior was unacceptable, we understand that. At the Roosters we can't accept that and we won't,"" Sydney Roosters coach Trent Robinson told reporters on Thursday.

Pearce, who is believed to have been fined 50,000 Australian dollars (35,182 U.S. dollars) for the incident Alex Tuch Golden Knights Jersey , risks being sacked from the game by the National Rugby League's governing body for bringing the game into disrepute.

""What these young men have to realize is that they are role models. Our kids look up to these guys and there is a big responsibility that comes with it,"" New South Wales Premier Mike Baird said.

Despite animal cruelty authorities investigating the video, RSPCA New South Wales chief inspector David O'Shannessy said there weren't any specific offenses committed, though it shouldn't excuse his drunken antics.

""I struggle with the fact someone (who) behaves like this is considered a role model,"" O'Shannessy said.

Rugby League, played in Australia Nate Schmidt Golden Knights Jersey , United Kingdom and the Pacific, is the sister-game to the global Rugby Union, however Australia's players are considered the best in the world, fetching high prices in offshore leagues when they enter the twilight of their careers.

Pearce is considered one of Australia's best players, representing New South Wales at the State of Origin level, the annual contest against Queensland state and arguably the pinnacle of Rugby League.

" Technology is one of the few things that have become vastly necessary in our lives. While it is not as simple as a petty wall clock or something as difficult as rocket science Jonathan Marchessault Golden Knights Jersey , there is no way of denying that the approach towards lifestyle of mankind has been revolutionized by the advancements in science. If we have a tendency to take a moment to pause and place confidence in it clearly, we might be stunned to envision that we have got so passionate about technology, that it has become not possible for anybody to imagine life while it is not there. From the instant we wake up in the morning, until the time we fall asleep at night, we have a tendency to snuggle up within the cocoon of technological wonders. Televisions, computers Brad Hunt Golden Knights Jersey , cars, cellular phones, air conditioners, showers, refrigerators, watches William Karlsson Golden Knights Jersey , etc. are some of the many things that we use each day. And astonishingly, we hardly ever pause to assume that each one these items, is the gift of technology.

However, it should also be mentioned that science is susceptible to evolution too. The constant breakthroughs that occur within the scientific arena are the testament to the very fact that nothing stays static for too long. Constant analysis and testing that are done to confirm what is smart nowadays, ensure the fact that this can become glorious tomorrow. As an example, all the commercial sectors in the modern times are heavily dependent on automations that are reliant on the technological advancements. The feats that were thought to be not possible even a couple of decades back have become quite common toda. Cheap Shirts   Cheap Hats   Cheap NHL Jerseys   Cheap NCAA Hats   Cheap MLB Hats China   Cheap College Hoodies Free Shipping   Cheap Soccer Jerseys Free Shipping   Cheap Adidas NHL Jerseys   Cheap Nike NFL Jerseys   Cheap Replica Soccer Jerseys