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The
ministry said the Finnish telecom network equipment maker had
agreed to meet certain terms by Dec. 10, mainly relating to the
use of wireless telecommunication standards and patent
licensing.
The terms were imposed in keeping with China's anti-monopoly
regulation to ensure market competition isn't harmed by the
takeover, it added in a statement on its website.
As part of its talks with China, Nokia in August agreed to
create a joint venture, Nokia Shanghai Bell, with China's
state-owned Huaxin.
"We look forward to maintaining our deep commitment to China and
playing a key role in the country's shift towards an
innovation-driven economy," Nokia chief executive Rajeev Suri
said in a statement on Monday.
Nokia and Alcatel still need formal approval from the French
government, after which Nokia will proceed with its all-share
offer. The takeover is expected to close in the first half of
2016.
(Reporting by Paul Carsten and Michael Martina in Beijing, Jussi
Rosendahl in Helsinki; Editing by Edwina Gibbs and Mark Potter)
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