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Nokia to cut deeper as merger spills red ink

HELSINKI, FINLAND: Finnish telecom equipment manufacturer Nokia said on Thursday it aims to accelerate savings after costs of absorbing former French-American rival Alcatel-Lucent pushed it into a second-quarter loss.

Nokia gains control of Alcatel-Lucent

PARIS: Finnish telecoms giant Nokia has gained control of nearly 80 percent of its French-American rival Alcatel-Lucent, France's stock market regulator said Monday.