01:40 PM

Lucent Agrees To Merger

The combined companies expect annual revenues of more than a billion, but security concerns have U.S. senators asking questions.

Lucent and Alcatel have agreed to merge to create a telecom equipment company with sales of just over $25 billion. Alcatel, based in France, would control 60% of the shares in the combined operation, and an independent entity would oversee sensitive contracts with the U.S. government.

But nothing's for sure. Some U.S. senators last week were still asking questions about the deal.

Comment  | 
Print  | 
More Insights
2014 Next-Gen WAN Survey
2014 Next-Gen WAN Survey
While 68% say demand for WAN bandwidth will increase, just 15% are in the process of bringing new services or more capacity online now. For 26%, cost is the problem. Enter vendors from Aryaka to Cisco to Pertino, all looking to use cloud to transform how IT delivers wide-area connectivity.
Register for InformationWeek Newsletters
White Papers
Current Issue
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on for the week of April 19, 2015.
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.