Alcatel Hit by Possible AT&T Loss

Reports that the world's largest telco might take business to rival Ericsson hurt recently merged Alcatel-Lucent's share prices

Shares in Alcatel-Lucent (ALU) dropped as much as 2.6% Oct. 5 on news the Franco-American telecommunications company could lose business with AT&T (T) to Swedish rival Ericsson (ERIC).

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