FYI, Nokia owns the Alcatel smartphone brand that's licensed to TCL
If you have minimum knowledge about the mobile phone market, then you most likely have heard about Alcatel, a brand that's very popular at the mid- and low-tier. It turns out that the Alcatel brand was among the assets owned by the French company when Nokia announced its acquisition.
It was only recently that Nokia confirmed that when it acquired Alcatel-Lucent, it obtained the Alcatel brand, which was licensed to Chinese company TCL. The latter also owns the license to launch BlackBerry-branded phones.
The Alcatel brand was licensed by Alcatel-Lucent to TCL for mobile phones and devices and this license expires at the end of 2024. When Nokia acquired the assets of Alcatel-Lucent in 2016, this also included licensing agreements for the Alcatel brand.
The above statement comes from Nokia and confirms TCL has the license to launch Alcatel smartphones and tablets for seven more years. So, more money for Nokia, right?
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