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Alcatel open to new deals in wake of failed Lucent bid

Serge Tchuruk, chief executive of Alcatel, has said he is still open to the idea of a merger with the right candidate, despite the breakdown of talks with Lucent Technologies.

Tchuruk said: &quotThere is still room for consolidation. Alcatel does not need to consolidate to grow - we are growing our market share - so we are not hunting for a partner, but we would look at an opportunity if it arises.&quot

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