An agreement that kept Alcatel-Lucent from selling its shares in Bridgewater Systems, a policy management company in which it owns a 15.5 percent stake, has expired. Thus, the French network equipment vendor said it may sell its shares in the small Canadian firm, a possibility that comes as Alcatel-Lucent is undergoing major strategic review under a new CEO. The company has previously hinted it might explore selling some assets or investments as part of that process. Still, such a sale would come at a time when policy management is an increasingly important function in broadband networks featuring more complex sets of services. Alcatel-Lucent reports its fourth-quarter earnings on Feb. 4.
For more:
- The Canadian Press has this report [1]
Related articles
Alcatel-Lucent also is selling a stake in its Thales unit [2]
Alcatel-Lucent narrowed its loss in the third quarter [3]
Links:
[1] http://www.google.com/hostednews/canadianpress/article/ALeqM5jrYaIsOs31jGBLWsy59152Hheztw
[2] http://www.fiercetelecom.com/story/alcatel-lucent-initiates-thales-sale/2008-11-18
[3] http://www.fiercetelecom.com/story/alcatel-lucent/2008-10-30