Shareholders approved last week the merger of Lucent and Alcatel, a deal first announced in March. The pairing is one of a handful that has taken place in the telecommunications equipment market since the year began. The changes underscore the diminishing vitality of the telecom equipment market and serve as a precursor to additional consolidation in the coming years. “The telecommunications equipment industry is moving to a model where carriers will rely on a few large suppliers,” predicts Bob Hafner, an industry analyst with market research firm Gartner.
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Mergers Reshaping Telecom Equipment Market
Posted by: Paul Korzeniowski September 12, 2006 04:00 AMShareholders approved last week the merger of Lucent and Alcatel, a deal first announced in March. The pairing is one of a handful that has taken place in the telecommunications equipment market since the year began. The changes underscore the diminishing vitality of the telecom equipment market and serve as a precursor to additional consolidation in the coming years. “The telecommunications equipment industry is moving to a model where carriers will rely on a few large suppliers,” predicts Bob Hafner, an industry analyst with market research firm Gartner.