Lucent Technologies was spun off in September 1996 as the systems and technology unit of AT&T Technologies, and grew to become a major player and developer of mobility, optical, data and voice ...

Maybe Lucent Technologies shares can only go up, but that doesn't mean it's going to happen anytime soon. Shares of the telecom-equipment vendor rose Wednesday and Thursday after Lehman Brothers ...

Russo, 49, succeeds Henry Schacht, 67, who will remain chairman of Lucent, which is in the midst of a wrenching restructuring that has brought tens of thousands of job cuts and a battling a prolonged ...

Lucent also said three former top U.S. national security officials would be nominated to the subsidiary's board: former Defense Secretary William Perry, who will chair the board; former CIA director R ...

Lucent Technologies said Tuesday it will lay off 15,000 to 20,000 more workers and take a $7 billion to $9 billion charge as part of a continuing restructuring program the company hopes will help it ...

The Securities and Exchange Commission announced yesterday that it had filed civil securities fraud charges against 10 telecommunications executives involved in more than a dozen deals that allegedly ...

Struggling telecommunications equipment manufacturer Lucent Technologies Inc. is on track to complete the second phase of its restructuring and has a new product and organizational strategy to ...

France's Alcatel SA will acquire U.S.-based rival telecom equipment maker Lucent Technologies Inc. in a $13.4 billion stock swap that would form an industry powerhouse with a product line broad enough ...