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PARIS (AP) - Telecommunications equipment maker Alcatel-Lucent SA posted a loss of 8 million euros ($10.8 million) for the first quarter on Friday due to effects from the merger that formed the company but promised a strong second half. Its shares rose 2.7 percent.
Since the trans-Altantic merger that created the company, it has posted two profit warnings while some rivals, including Ericsson AB, say they are winning market share.
Alcatel-Lucent did not have comparative net figures for the year-ago quarter, since the company was formed late last year. It reported an adjusted first-quarter profit of 199 million euros ($269.2 million) compared with last year's 306 million euros, helped by a 677 million euros ($915.8 million) gain on the sale of assets to French electronics group Thales SA.
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