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The Boston Globe


Alcatel-Lucent boss leaving as losses mount

PARIS — The chief executive of Alcatel-Lucent, Ben Verwaayen, is leaving the maker of telecommunications gear after a failed four-year bid to return it to profitability. He said it was ‘‘clear to me that now is an appropriate moment’’ for the company to seek new leadership.

Alcatel-Lucent lost $1.83 billion last year.

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