Patricia Russo the CEO of Alcatel-Lucent reportedly has one month to turn the company around. They need to restructure desperately it seems and the board will no longer tolerate bad quarters. Russo my soon be pushed out of the company.
All of this puts immense pressure on the telecom equipment leader. In addition, I would imagine other equipment providers are looking at this transaction and wondering to themselves if it makes sense to merge or stay independent.
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