Finally though, on April 2, 2006, the two companies confirmed that they had in fact combined to “create the first truly global communications solutions provider with the broadest wireless, wireline and services portfolio in the industry,” with combined sales of over $25 billion and a manpower of 88,000 employees. Patricia Russo, Chairman & CEO of Lucent (left ), and CEO of the new entity, elaborated that “the communications industry is at the beginning of a signify cant transformation... one that is projected to enable converged services...” But analysts have questioned Alcatel’s off - take from the merger.
For Complete IIPM-Article, Click IIPM-B School
Source IIPM-Editorial,2006
For Complete IIPM-Article, Click IIPM-B School
Source IIPM-Editorial,2006
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