Nokia and its rivals, Sweden's Ericsson and China's Huawei have struggled recently as demand for faster 4G mobile broadband equipment has peaked and the move to the next-generation 5G networks are still years away.
The Finnish company set out its outlook on Tuesday at an investor meeting in Barcelona, where it warned markets for networks equipment next year would decline in Europe, Greater China and Latin America, while remaining flat in North America, Middle East Africa and Asia, outside China.
Nokia, the world's number one mobile phone maker for more than a decade until 2012, had struck a deal to buy the other firm in April 2015 but has struggled to buy up the remaining shares to gain full control of the company.
Nokia also on Thursday lifted its cost-cutting target for the 15.6 billion euro merger, sealed earlier this year, saying it was now seeking annual savings of 1.2 billion euros in the course of 2018, compared to above 900 million euros previously.
Nokia kicked off the programme in April with a target to slash 900 million euros (USD 1 billion) of operating costs by 2018, but it has yet to give a figure for how many jobs will be reduced in total.
The restrictive duty imposed on import of 'Synchronous Digital Hierarchy Transmission Equipment (SDHTE)' from China ranges between 9.42 per cent and 86.59 per cent of the landed (cost, insurance and freight or CIF) value.
Nokia entered into a binding arbitration with South Korea's Samsung in 2013 to settle additional compensations for a five-year period starting from early 2014.
Nokia said that the French stock market authority has declared the offer successful, with interim results showing that Nokia would hold around 79 percent of Alcatel shares.
NSE FinWiz visited Alcatel-Lucent in Gurgaon with the country's finest experts to advice and educate the young employees on investments and financial planning.
Nokia said its net proceeds from the deal would be around 2.55 billion euros (USD 2.78 billion), in line with its original estimate. The deal was initially estimated to close in the first quarter of 2016.
The authorization for the Nokia board to finalize the takeover came at an extraordinary general meeting Tuesday following last month's launch of a public exchange offer for all outstanding Alcatel shares.
Nokia, which sold its once-dominant mobile handset business to Microsoft in 2014, deals in Africa mostly with telecommunications operators and governments, both of which have been hit by weaker currencies and slower economic growth.
The deal coincides with a major new industry investment cycle set to kick off next year to develop the next generation of 5G networks that are expected to start going mainstream around 2020, Rajeev Suri said.
The company said Girotra would oversee the combined company's customer operations across India, driving the execution of strategy and ensuring superior customer service, underpinned by a strong focus on innovation and quality.
Nokia said it planned to report its results as two divisions, Networks business and Nokia Technologies, which includes patents and new technologies.
Michel Combes, who has headed the French-American company since 2013, told the business daily Les Echos that the payments were not linked to the 15.6-billion-euro deal to create the world's biggest supplier of mobile phone network equipment, but the fact he had turned around Alcatel-Lucent's fortunes and its share price.
According to a memorandum of understanding, Nokia said it expects to hold 50 percent plus one share in the new joint venture, with Huaxin holding the remaining shares.
Giving its green signal, the fair trade regulator said the transaction is not likely to have an adverse impact on competition in India. In April, Nokia had announced the all-stock deal worth 15.6 billion euros (USD 16.6 billion) to acquire Alcatel-Lucent.
Now Nokia boss Rajeev Suri is planning a comeback. He must wait until late 2016 before he can consider re-entering the handset business - after a non-compete deal with Microsoft expires - but preparations are underway.
The sale "should be concluded in the first quarter of 2016," Nokia said in a statement, adding that it expected net proceeds from the deal of just over 2.5 billion euros.
A consortium of German premium carmakers has agreed a deal to buy Nokia's mapping business HERE, two people familiar with the matter said on Sunday, in a push to extend the reach of automakers into digital services for connected cars.
Long-pending network expansion plan of MTNL may get delayed further as telecom equipment supplier Nokia Networks, which was the lowest bidder for the project, has rejected the purchase order from the PSU.
The transaction announced in April remains subject to approval by Nokia shareholders, and is expected to close in the first half of 2016.
China will accelerate development of its high-speed broadband networks to raise Internet speeds and cut prices, long bugbears in a country where many people still have no access to the web.
Overall revenue held up well to come in slightly ahead of forecasts, but Nokia said profits dropped due to lower software sales, higher research and development costs and challenging conditions in Europe and Latin America.