Alcatel and Lucent to Merge 174
Cappella writes "It is confirmed. Alcatel and Lucent are combining to form a USD $25 billion entity. This marks a new wave of telecommunications company consolidation in the next few months to come." They first tried to work out a merger five years ago, but finally, at long last, it's come to fruition.
Now Lucent is a foreign company (Score:3, Informative)
Well, I guess we can't trust the French either. I wonder why there isn't a bigger issue made out of this considering the Dubai Ports World deal last month.
Re:Now Lucent is a foreign company (Score:5, Informative)
My previous employer got bought out by the Swiss, and our Defense Team became a separate corporation owned by the parent company. It's standard operating procedure.
Re: Alcatel and Lucent to Merge, form Voltron (Score:4, Informative)
Re:Why? (Score:4, Informative)
http://money.cnn.com/services/tickerheadlines/djh
http://www.economist.com/displayStory.cfm?story_i
http://www.e-nough.hmdnsgroup.com/archives/001024
Re:AT&T (Score:2, Informative)
Re:How long can this consolidation go on for ? (Score:5, Informative)