Tuesday, April 24, 2007

UPDATE 1-Alcatel Lucent sees "soft" Q1 revenue

(Reuters) - The recently merged French-American telecoms equipment group said it expected to post an adjusted operating loss of some 260 million euros in the first quarter, half of which would be attributed to significant items.

"As previously stated, we anticipated that some of the factors which affected our business in the fourth quarter 2006 would continue in the early months of the year leading to some revenue decline," Alcatel Lucent said in a statement.


Read more at Reuters.com Market News

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