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TIMELINE: Alcatel-Lucent since merger

Tue Jul 29, 2008 8:46pm IST
 
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PARIS (Reuters) - Telecoms equipment group Alcatel Lucent said on Tuesday its chairman and chief executive were leaving, following turmoil since it was created from a transatlantic merger two years ago.

Feb 8 2008 - Alcatel-Lucent writes down $4.3 billion on assets acquired in the merger. It gave a disappointing forecasts for 2008 and scrapped its dividend.

Sept 28 2007 - Alcatel-Lucent board gives Patricia Russo one month to produce an emergency restructuring plan and to streamline the group's organisational structure. Sept 13 2007 - The company warns 2007 revenue growth would be flat to slightly up rather than growth of 5 percent at constant currencies.

Jan 23 2007 - Alcatel-Lucent says uncertainty created by the merger would hurt sales and profits.

Nov 30 2006 - Paris-based Alcatel completes acquisition of Lucent in a deal valued at around $11.5 billion.

(Reporting by Jessica Mead; Editing by Louise Ireland)

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