Nokia sale is completed: the ASN subsea cable business is now owned by France
Nokia completed the sale of Alcatel Submarine Networks (ASN) to the French State on Dec. 31, 2024, officially transferring ownership of the subsea cable business. The French State manages its new stake through the Agence des participations de l’État, reinforcing national control over strategic digital infrastructure. During the transition phase, Nokia retains a 20% shareholding in ASN and continues to […]