Alcatel (Dallas, TX) completed its acquisition of DSC Communications Corp. (Plano, TX) following

Alcatel (Dallas, TX) completed its acquisition of DSC Communications Corp. (Plano, TX) following the clearance received from the Antitrust Division of the U.S. Department of Justice. With the acquisition of DSC, Alcatel nearly doubles its U.S. presence. The proforma combined revenue for Alcatel and DSC in the United States for the 12 months ending December 1997 was approximately $3 billion. The name of the newly combined company will be Alcatel USA Inc. Krish Parbhu, former chief executive of Alcatel Network Systems Inc., has been named president and chief executive of the new company.