Alcatel to review negotiations on Lucent merger

The board of French network equipment giant Alcatel will meet this week to review the company's merger talks with US rival Lucent Technologies, an Associated Press report said.

The report said Alcatel board members would be briefed on the "ongoing discussions" with Lucent at the meeting.

The report also quoted Alcatel spokesman Mark Burnworth as saying that "there won't necessarily be any conclusions."

Alcatel and Lucent announced Friday that they were making a second attempt to negotiate a merger, after previous talks in 2001 ended without a deal.

Analysts said the deal would give Alcatel a foothold in the US telecom market and help the combined company cope with growing price pressures, as larger phone and Internet operators emerge from a new wave of consolidation and demand economies of scale on their equipment purchases, the report said.

Suggested Articles

Wireless operators can provide 5G services with spectrum bands both above and below 6 GHz—but that doesn't mean that all countries will let them.

Here are the stories we’re tracking today.

The 5G Mobile Network Architecture research project will implement two 5G use cases in real-world test beds.