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Alcatel-Lucent Q3 loss widens to $269 million
PARIS (AP) — Telecommunications equipment maker Alcatel-Lucent SA saw its net loss widen in the third quarter as European phone companies, its key customers, cut back on spending.
The company said Friday that losses reached €182 million ($269 million) in the period. That was more than the €40 million it lost a year earlier and worse than analysts had forecast.
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