Alcatel and Lucent Technologies to merge and form world's leading communication solutions provider.
Combined company will have strong financial base and revenues of approximately Euro 21 billion (USD 25 billion) based on calendar 2005 results
Paris and Murray Hill, N.J., April 2, 2006 - Alcatel (Paris: CGEP.PA and NYSE: ALA) and Lucent Technologies (NYSE: LU) today announced that they have entered into a definitive merger agreement to create the first truly global communications solutions provider with the broadest wireless, wireline and services portfolio in the industry. The primary driver of the combination is to generate significant growth in revenues and earnings based on the market opportunities for next-generation networks, services and applications, while yielding significant synergies. The combined company's increased scale, scope and global capabilities will enhance its long-term value for shareowners, customers and employees.
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