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The Alcatel-Lucent brand has been retired by Nokia, but it survives in the form of Alcatel-Lucent Enterprise, the enterprise division of Alcatel-Lucent that was sold to China Huaxin in 2014. [9] [10]
Nov 2, 2016 · Espoo, Finland - Nokia finalized its acquisition of Alcatel-Lucent today, wrapping up a rapid purchase and integration of the company and giving it added momentum to capture more business inside...
- The Rise and Fall of The American Telecom Empire
- The Birth and Death of Lucent Technologies
- Anglo-American Capitalism: A Hostile Environment
- The Advantages of Sweden’s National Capitalism
- Antitrust Orthodoxy
- Regulatory Failures
- U.S. Foreign Policy Failures
- Chinese Mercantilism
- China’s Shift to Indigenous Innovation
- Why Did The West Ignore Telecom Equipment Mercantilism?
It was in telephony that a century-old America would first assert what would eventually become global technological leadership. On February 14, 1876, just hours ahead of Elisha Gray (who went on to found Western Electric), Alexander Graham Bell filed a patent application describing his method of transmitting sounds. Bell received his patent twenty...
Since AT&T’s formation, the Justice Department had sought to break it up, to “sever some limbs,” as one attorney called it.11It was only with the rise of neoclassical economics the 1970s, however, with its focus on consumer welfare and competitive markets, that the political winds shifted in the DOJ’s direction. Realizing it could lose in court and...
It is striking that no Anglo-American nation is home to a competitive telecom equipment provider. The United Kingdom had several firms until the 1980s, but they either went out of business or were bought by continental European firms. And of course, Canada and the United States lost ITT, Western Electric/Lucent, and Nortel. This is not by happensta...
In his classic 1965 book Modern Capitalism, Andrew Shonfield tried to make sense of the distinctly different flavors of capitalism that had evolved in the post–World War II era, including the German model, in which large banks played a key role in allocating investment, the Japanese model of state-led industrial policy, and the American and British...
Perhaps more than any single area of government action or inaction, a strong case can be made that it was seventy-five years of relentless effort by the federal government to break up AT&T that was the principal factor in the industry’s downfall. Because of the Bell patents, by the first decade of the twentieth century AT&T had a significant share ...
Even with the breakup of AT&T and pressures of short-term financial results, Lucent might have survived had it not been for the federal government’s massive disruption of the telecommunications market through the 1996 Telecommunications Act. After the introduction of competition in long distance through the breakup of AT&T, economists and consumer...
Maintaining competitive advantage in industries when other nations are fighting for their own advantage requires foreign policies that both support domestic companies in foreign markets and that push back against the protectionist policies of other nations. Unfortunately, the federal government has either not believed that other nations could chall...
There was a long history of policy errors—by omission and commission—that weakened North American telecom equipment firms, but the nail in the coffin was made in China. As digital communications technologies became more complex in the 1990s, firms needed greater economies of scale to survive. When Lucent struggled to rebound after 2002, they faced ...
Joint ventures were always a means for China to fulfill its long-standing goal of building its own domestic industry with Chinese-owned firms. When Ren Zhengfei, Huawei’s founder and CEO, met with Communist Party general secretary Jiang Zemin in 1994, he told the party leader that a country without a domestic telecom switch industry was like a coun...
So why did Western governments let Huawei and ZTE take over the global market through unfair practices? There are three main reasons. First, few Western analysts and leaders believed China posed a competitive threat. A 1998 ITC report stated, “foreign companies are well positioned in the Chinese market as the leading suppliers of telecommunication...
- Robert D. Atkinson
- 2020
Dec 3, 2015 · Shareholders in Nokia ‘overwhelmingly’ supported the proposed acquisition of Alcatel-Lucent at an EGM and the completion is now a formality of meeting minimum acceptance or tender conditions.
Jan 18, 2016 · Nokia’s acquisition of Alcatel-Lucent has finally closed with the newly merged company now trading as the Nokia Group of Companies. The two companies originally signed a Memorandum of ...
Feb 8, 2008 · Alcatel-Lucent on Friday reported its biggest quarterly loss since its creation in 2006, scrapped its dividend and substantially wrote down the value of the Lucent Technologies wireless network...
The merger of Alcatel and Lucent which was completed in November 30th 2006, was a critical decision for both companies. Before the merger, both companies were facing serious competition from...
