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Alcatel Eyes Some of Nortel's Mobile Assets
Alcatel is in talks to acquire the high-speed mobile arm of rival Nortel Networks to boost market share. A Nortel spokesman said the company doesn't comment on rumor and speculation. Alcatel completes its merger with U.S. competitor Lucent by the end of the year. The deal with Nortel would be worth about $1.91 billion, according to source. Source: http://www.techweb.com
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