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Shareholders approve Alcatel, Lucent merger
September 7, 2006
Both companies get shareholder nod for $11 billion merger intended to improve efficiencies, competitive muscle.
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Nortel to trim work force by almost 10 percent
February 9, 2007
An additional 3 percent of staff positions will be "offshored" as part of the company's $1.5 billion cost-cutting drive.
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Alcatel to buy part of Nortel wireless unit
September 1, 2006
Company will bolster its 3G wireless business with $320 million purchase of Nortel equipment, technology.
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