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Monday, December 4, 2006
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Alcatel-Lucent's First Acquisition: Nortel Finalizes UMTS Exit Plan
 Nortel today said it has now inked a definitive agreement to sell its selling its money-losing UMTS access business to the newly merged Alcatel-Lucent combine, creating what suddenly becomes a major number three player in the market, ready to challenge Ericsson and Nokia/Siemens. The acquisition will most...
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