SFR named Michel Paulin as its new CEO, replacing Eric Denoyer who is leaving the France-based operator as part of a general overhaul of its management structure.
France's Numericable-SFR unveiled a new management structure and revealed that it is seeking a new CEO to replace Eric Denoyer.
Michel Combes the newly appointed COO of Numericable-SFR and COO of Altice, said he had no intention of launching a new price war in France in order to win back customers. Yet as Combes moves to his new offices this week, Free Mobile continued to torture its mobile rivals with a new offer that includes the highest smartphone data allowance in France with no change in price.
Outgoing Alcatel-Lucent CEO Michel Combes will receive around $14.6 million (€13 million) in stock over three years, but the vendor insisted that the compensation is not a bonus tied to him leaving the company amid Nokia's pending $17.5 billion takeover of Alcatel-Lucent.
Alcatel-Lucent CEO Michel Combes will step down from his role on Sept. 1 as the vendor moves toward completing its deal with rival Nokia; the combined company is going to be led by Nokia CEO Rajeev Suri.
Alcatel-Lucent CEO Michel Combes said that there is strong pressure in the industry to have "5G" network products ready as soon as possible.
Alcatel-Lucent CEO Michel Combes will move to French telecom group Altice SA in July, according to a report from French magazine Challenges. The report, which did not cite its sources, said that billionaire Patrick Drahi, who owns Altice, is hiring Combes to take charge of Altice development in Europe starting in September.
Alcatel-Lucent said it is still dealing with lower carrier spending in the U.S. but still managed to boost its overall revenue in the first quarter and improve its gross margins on higher sales of software products.
Nokia's integration of Alcatel-Lucent following the proposed acquisition of its rival will be difficult and messy. Some significant rewards will take many years to achieve, if ever. However, very large research and development demands with economies of scale and scope in 4G, 5G and with fixed-mobile network convergence make this kind of transaction inevitable and indispensable.
Nokia's $16.6 billion deal to acquire Alcatel-Lucent would bring together two large network vendors that have each gone through major mergers of their own that have been difficult, to say the least. Although the companies' leaders are defending the deal, some analysts are skeptical that the firms can pull off such a merger without major integration headaches.