Nokia Corporation ADR ( NOK) ( NOK1V) HEL:NOK1V is not going to end up owning Alcatel Lucent SA ADR ( ALU) EPS:ALU after all. Rumors have been swirling that the soon-to-be cash rich Finnish smartphone maker could be looking for a firm to add to its network infrastructure business. Reports emerging this morning suggest that the deal is no longer likely to happen. According to The Wall Street Journal’s Sven Grundberg and Sam Schneider, Nokia Corporation ( NOK) ( NOK1V) HEL:NOK1V decided that the IP-routing and wireless divisions that are currently part of Alcatel Lucent SA ADR ( ALU) EPS:ALU are not worth pursuing at this time. The article sourced people familiar with Nokia’s plans.