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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.
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]
Lucent Technologies Nuremberg building was an expansion to two existing buildings in Germany previously owned by Philips Kommunikations Industrie and acquired by AT&T Network Systems. Nuremberg – completed in 2002, the Nuremberg , Germany "serpentine" five-story building was a 215,000 ft² expansion for two existing buildings, with the same ...
The failure of major banks in Germany and Austria in 1931 worsened the worldwide banking crisis. [84] Germany was among the countries most severely affected by the Great Depression because its recovery and rationalization of major industries was financed by unsustainable foreign lending.
The Heinkel He 111, one of the technologically advanced aircraft that were designed and produced illegally in the 1930s as part of the clandestine German rearmament. German rearmament (Aufrüstung, German pronunciation: [ˈaʊ̯fˌʀʏstʊŋ]) was a policy and practice of rearmament carried out by Germany from 1918 to 1939, in violation of the Treaty of Versailles which required German ...
17 June: Petain asked Germany for armistice terms. Finishing off some Allied resistance, the Germans crossed the river Loire and reached the Swiss frontier. 18 June: Adolf Hitler and Benito Mussolini met in Munich Germany. General de Gaulle told the people of France on a broadcast from London on the BBC to resist the Germans.
On 3 June 1998, Part of an ICE 1 train on the Hannover–Hamburg railway near Eschede in Lower Saxony, Germany derailed and crashed into an overpass that crossed the railroad, which then collapsed onto the train. 101 people were killed and at least 88 were injured, making it the second-deadliest railway disaster in German history after the 1939 Genthin rail disaster, and the world's worst ever ...
Ludendorff failed to follow the correct stormtrooper tactics, as described above. His lack of a coherent strategy to accompany the new tactics was expressed in a remark to Rupprecht, Crown Prince of Bavaria—commander of one of his Army Groups—in which he stated, "We chop a hole. The rest follows."