Lucent and Alcatel in merger talks

Lucent Technologies Inc. and Alcatel SA are discussing a possible merger, according to a joint statement.

Telecommunication equipment makers Lucent Technologies Inc. and Alcatel SA are discussing a possible merger, according to a statement released by the two companies.

"We can confirm that Lucent and Alcatel are engaged in discussions about a potential merger of equals that is intended to be priced at market," the statement said, adding that there is no guarantee the companies will reach an agreement.

"We will have no further comment until an agreement is reached or the discussions are terminated," it said.

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