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The Telecoms crash, also known as the Telecommunications Bubble was a stock market crash that occurred in 2001, after the bursting of the dot-com bubble.. The telecommunications industry had experienced significant growth and investment during the 1990s, fueled by the expansion of the internet and the introduction of wireless technology.
Lucent Technologies, Inc. was an American multinational telecommunications equipment company headquartered in Murray Hill, New Jersey.It was established on September 30, 1996, through the divestiture of the former AT&T Technologies business unit of AT&T Corporation, which included Western Electric and Bell Labs.
In October 2011, Alcatel-Lucent sold its Genesys call-centre services business unit to Permira, a private equity group, for $1.5 billion—the same amount that Lucent had paid for the business in 2000. Alcatel-Lucent needed funding for the Franco-American business, which made annual losses from 2007 to 2011. [17]
This is a timeline of German history, comprising important legal and territorial changes and political events in Germany and its predecessor states. To read about the background to these events, see History of Germany. See also the list of German monarchs and list of chancellors of Germany and the list of years in Germany
The Timeline of the Weimar Republic lists in chronological order the major events of the Weimar Republic, beginning with the final month of the German Empire and ending with the Nazi Enabling Act of 1933 that concentrated all power in the hands of Adolf Hitler. A second chronological section lists important cultural, scientific and commercial ...
The history of Germany from 1990 to the present spans the period following the German reunification, when West Germany and East Germany were reunited after being divided during the Cold War. Germany after 1990 is referred to by historians as the Berlin Republic ( Berliner Republik ).
15 September – Germany's bank rate is raised to 90% due to hyperinflation. See 1920s German inflation. 26 September: Chancellor Gustav Stresemann calls for an end to passive resistance and protests by Germans against the French and Belgian Occupation of the Ruhr.
October - The Wall Street Crash of 1929 marks a major turning point in Germany: following prosperity under the government of the Weimar Republic, foreign investors withdraw their German interests, beginning the crumbling of the Republican government in favor of Nazism. [1] The number of unemployed reaches three million. [2]