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Alcatel reports operating profit

PARIS-After previous struggles, French vendor Alcatel told a story of hope in its second-quarter result with a net loss of $776.25 million as against a loss of $1.64 billion a year ago.

It is a story of recovery underlined by an operating profit of $24 million from a loss of $126 million a year ago.

“The operating result has returned to being positive, and this is an important point which will be noted,’ said company Chairman Serge Tchuruk.

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