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Alcatel CEO to leave after company swings to 2012 loss

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PARIS (Reuters) – Alcatel-Lucent announced the departure of its chief executive after the telecom equipment maker swung to a full-year net loss of 1.37 billion euros ($1.85 billion), hit by lower sales in Europe and China, and an impairment charge.

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Post Published: 07 February 2013
Found in section: Finance