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- 04-30-2008, 09:50 AM #1
Alcatel-Lucent said it expects revenue to fall by 2% to 5% this year, due to declines in spending by a few telecom customers and the weakened dollar. While the long-term prospects for the industry are positive, the current macroeconomic environment remains uncertain, the company said in a statement. Shares of the telecom equipment maker went down on the news.
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