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Alcatel-Lucent sells enterprise networking unit to China Huaxin

2014-10-01 18:15:13| Telecom - Topix.net

Alcatel-Lucent has closed the sale of its IP telephony and ethernet switching equipment activities to China Huaxin. The spun off company will struggle to compete with the likes of Microsoft and Cisco Systems, and will have to make acquisitions of its own to grow.

Tags: china unit networking enterprise

Category:Telecommunications

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