Lucent, Alcatel in Merger Talks: WSJ

Two broadband/telecom giants Lucent and Alcatel are in merger talks, reports WSJ. The two had similar talks in 2001, but nothing came out of it.

If this does happen, it would be a potential $33 billion cross-border combination that would have major effects in the broadband/IPTV market…

AP: Lucent’s leadership in wireless technology, used by such major carriers as Sprint Nextel and Verizon Wireless, would complement Alcatel’s leadership in DSL equipment used by phone companies that are growing their broadband business.