Alcatel Submarine Networks is now officially a French-owned business
After eight years of uncertainty, the French state acquisition of Alcatel Submarine Networks (ASN)—the submarine telecom cable subsidiary of Finnish group Nokia—gives the French government majority control of this strategic subsea cable company. French state deal for Alcatel Submarine Networks On Nov. 5, French economy minister Antoine Armand and industry minister Marc Ferracci signed an agreement to acquire […]
