Financial analysts greeted Alcatel-Lucent's return to profit with unreserved glee--perhaps not surprising given that the last time this happened was in 2006. However, while posting a net income of
Alcatel-Lucent, which chalked up losses in each of its last nine quarters, has reported its first profitable quarter since the company made its debut in 2006. As news of the company's $19.6 million
Alcatel-Lucent reported a quarterly profit for the first time since the company was formed in 2006, largely based on asset sales. However, the equipment vendor posted sales declines and indicated
Alcatel-Lucent claims that it is on track to break even for the full year despite posting a second quarter operating loss.
Consumers may be tightening their pocketbooks, but research from Strategy Analytics reveals that broadband is one thing they won't give up. Verizon Communications is proof of that trend as it added
Keeping true to the idea that 2009 will be "a year of transformation," Alcatel-Lucent has appointed the company's Victor Agnellini to the newly minted position of senior vice president,
Canadian and US courts have approved the sale of Nortel 's CDMA and LTE assets to Ericsson.
If you're wondering where former Alcatel-Lucent executive star Mike Quigley is after being passed over to replace the ousted Pat Russo, look no further than Australia's National Broadband Network
Alcatel-Lucent may be in Verizon's sights for a new Ethernet contract, but it's far from a done deal as the ILEC is still also evaluating rival Juniper Networks. A report emerged last week from
Cisco and Juniper may have always had the upper hand in delivering edge networking gear, but it appears that their rival Alcatel-Lucent may have beaten both companies out of a potentially lucrative