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Alcatel and Lucent to Merge

Posted by ryuzaki0 on from the come-together dept.

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.

3 of 174 comments (clear)

  1. Screw the French by fred911 · · Score: 0, Flamebait

    So it's ok for them to play in our economy but gor forbid we play in theirs! FTF I bet this deal gets squashed.

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    1. Re:Screw the French by zestymonkey · · Score: 0, Flamebait

      There is a precedent. Alcatel was allowed to buy and completely decimate DSC Communication Corp about eight years ago. Granted, that company was smaller than Lucent, but it was based in the U.S.

      Boy, am I glad I fled from telecom years ago.

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  2. Re:How long can this consolidation go on for ? by JerLasVegas · · Score: 0, Flamebait

    Depends on how long we keep electing idiots like Bush