Alcatel-Lucent has begun discussions to sell its enterprise unit to Unify, a joint venture created by Siemens and the Gores Group, reports Bloomberg, citing three people close to the talks.
The Alcatel-Lucent rumour mill continues to grind as 2014 gets underway, with a new report saying the equipment manufacturer is in talks with potential buyers on the sale of its enterprise unit.
Wireless backhaul specialist PEG Bandwidth has appointed Alcatel-Lucent as its IP/MPLS vendor of choice for its rural area network expansion effort.
Ericsson holds the lead position in the $10 billion network managed service market, followed by Nokia Solutions and Networks and Alcatel-Lucent, according to ABI Research.
When Marcus Weldon, Alcatel-Lucent's CTO, was also named president of Bell Labs in early November, the move signaled the company's intent to leverage R&D to propel its Shift Plan restructuring strategy and align research activities with its roadmap for commercial products.
As another year comes towards its end, it would be remiss of me to not to look back at what has been an incredibly eventful year in European telecoms in order to highlight some of the main trends that have not only emerged in the past 12 months, but also look set to dominate the market in the coming year and beyond.
Alcatel-Lucent has struck a deal to sell LGS Innovations, its public sector subsidiary, to Madison Dearborn Partners and CoVant for $200 million as part of its ongoing shift to become a specialist in IP networking and broadband access.
Alcatel-Lucent has put another piece of its new management team in place by naming former AT&T executive Tim Krause as its new Chief Marketing Officer.
Following Alcatel-Lucent's recent wins in China, two of its rivals have snapped up more deals across Asia as European equipment manufacturers continue to benefit from the LTE rollout programmes of operators in the Asia-Pacific region.
Bezeq, Israel's incumbent telco, has appointed Alcatel-Lucent as its VDSL2 and vectoring equipment provider to deliver higher speed broadband over its existing copper network.