Just a day after announcing they were in "advanced discussions with respect to a potential full combination," Nokia and Alcatel-Lucent on Wednesday revealed full details of their plans to combine under the Nokia brand, with headquarters in Finland, a strong presence in France and Nokia boss Rajeev Suri as CEO.
Alcatel-Lucent may be able to make good on its promise of delivering positive free cash flow for the first time since the two telecom companies merged in 2006. CEO Michel Combes said during the company's year-end and fourth-quarter earnings call that free cash flow is a goal of the company's turnaround, which he expects to happen by year-end.
Huawei is adding some heat to the emerging 100G PON optical access space by introducing its own time and wavelength division multiplexed passive optical network (TWDM PON) system.
Alcatel-Lucent's CEO said the company remains on track to reach its goal of becoming free cash flow positive by next year. And he said the company will be able to persist against its larger rivals like Ericsson and Huawei.
A published report indicates that Google Fiber has begun its anticipated buildout in Austin, Texas, but that the company will miss its original deadline to start connecting homes by the middle of 2014.
Zain Saudi Arabia said it has signed infrastructure supply contracts worth 4.5 billion riyals (€882 million/$1.2 billion) to develop and expand its network.
NICE, France--Better usage of network analytics tools would provide a more granular picture of how much data is being used for which services and products, enabling operators to provide more customised and targeted services to end users, according to an Alcatel-Lucent executive.
Alcatel-Lucent said on Monday it has won a contract to extend the LTE network of United Arab Emirates-based operator Etisalat in an expansion of an existing relationship between the two companies that began in December 2011.
For the third quarter of 2013 Chinese equipment manufacturer Huawei maintained its number one ranking rank in the global radio access network (RAN) market with a share of 28.1 per cent, down 3 points from the second quarter 2013 but up 3.8 per cent from the year-ago quarter, according to ABI Research.
Alcatel-Lucent's plan to cut 10,000 jobs worldwide has met with strong resistance in France, where the telecoms equipment manufacturer plans to cut 900 jobs and close or sell up to five sites.