Recent consolidations in US telecom, like the proposed acquisition of Bellsouth by AT&T (pending regulatory approval) have put huge pressures on manufacturers to consolidate. Also, the equipment market is shrinking globally, and firms have to merge to save costs. But perhaps the most important issue in this merger – and that is not even the plan for 8,800 job cuts – relates to security concerns within the government, as Lucent serves the US military and possesses national security information.
For Complete IIPM-Article, Click IIPM-Business and Economy
Source IIPM-Editorial,2006
For Complete IIPM-Article, Click IIPM-Business and Economy
Source IIPM-Editorial,2006
