1/28/2009

Alcatel-Lucent has held on to its money-losing 3G wireless-network division because of its popularity with customers and the unit's importance as a springboard for the company's efforts to develop 4G products based on the new Long Term Evolution standard, CEO Ben Verwaayen said. Some analysts have complained about the WCDMA-based business because of Alcatel's relatively weak market position among rival makers of telecom equipment.

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