Yes and No ---- Alcatel was a made up company from the ITT components in the European market. Similar to how Sprint came out of United Tel. ITT had a very advanced (for it's time) switch that the French used for ISDN (12), finally the group bought the C O switch side from ITT, folded in the other telecom aspects including branches of wireless companies. So some of it was the old and some of it was new from adding other companies.
When ITT broke up, the CO/large PBX went to Alcatel. Later the cable, etc. OSP, and some transmission manufacturing went to Alcatel. The Key Systems and sets manufacturing and repair were to be sold off. The manufacturing was done in Corinth, MS. The employees bought the factory and became Corinth Telephone Company (CORTELCO). One of the last of the real American made telephones. The repair depot was also bought by employees, headed by George King, now known as King Technologies.
So part was old, part was new, and the rest is history.
KLD
What do I know?
