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Alcatel, Lucent Finalize $25 Billion Merger |
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Monday, 03 April 2006 |
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PARIS (Reuters) - Telecoms equipment companies Alcatel and Lucent Technologies (LU) said on Sunday they had entered a definitive agreemen to merge and form a new group with revenues of around 21 billion euros ($25.4 billion). The transaction, which will see Alcatel shareholders have the lion's share of the new company, stands to create a world leader in its sector and comes amid a wave of consolidation in the telecoms industry. |
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Is AT&T Getting A Conscience? |
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Friday, 31 March 2006 |
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Under pressure from CWA, Community Leaders, and Governor Edward Rendell of Pennsylvania, AT&T finally decided to do the right thing and rescind the closure of the Pittsburgh and New Castle Pennsylvania offices halting the lay-off of our brothers and sisters. |
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Lucent Waits While Alcatel Tackles Space |
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Friday, 31 March 2006 |
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A $36 billion merger of France's Alcatel and U.S. rival Lucent Technologies is "95 percent" complete but is being held up by a politically charged dispute over related space interests, sources close to the matter said on Friday. |
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