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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, 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.
The SPD lost seventy-six seats; the CDU-CSU coalition and the liberal Free Democratic Party of Germany (FDP) gained. [44] 2010: 23 April: European debt crisis: Greece requested a loan from the EU and the International Monetary Fund. 29 May Germany wins the Eurovision Song Contest 2010, with Lena and 'Satellite'. This was their second win. 2010 ...
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 ).
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.
Visual representation of the Logarithmic timeline in the scale of the universe. This timeline shows the whole history of the universe, the Earth, and mankind in one table. Each row is defined in years ago, that is, years before the present date, with the earliest times at the top of the chart. In each table cell on the right, references to ...
The movement ultimately failed. [20] Representative Jeremiah M. Rusk 1 May 1886 (United States) Bay View Tragedy: About 2,000 Polish workers walked off their jobs and gathered at St. Stanislaus Church in Milwaukee, Wisconsin, angrily denouncing the ten-hour workday. The protesters marched through the city, calling on other workers to join them.