Tag:

Michel Combes

Latest Headlines

Latest Headlines

Alcatel-Lucent defends stock payments to outgoing CEO Combes amid French criticism

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 Combes to step down Sept. 1

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's Combes indicates strong pressure to speed up 5G development

Alcatel-Lucent CEO Michel Combes said that there is strong pressure in the industry to have "5G" network products ready as soon as possible.

Report: Alcatel-Lucent CEO Combes to depart for Altice in July

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 overcomes sluggish U.S. carrier spending in Q1, bumps up sales and margins

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.

Mallinson: Nokia, Alcatel-Lucent and the last of the network equipment mega-mergers

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.

Analysts: Nokia, Alcatel-Lucent likely to face integration challenges for years to come

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.

Nokia plans to buy Alcatel-Lucent in €15.6B deal

Nokia said it is to buy Alcatel-Lucent in a deal that values the France-based company at €15.6 billion ($16.6 billion) and creates a new European powerhouse in the telecoms equipment market.

Alcatel-Lucent boosts profit in Q4 but sees N. American sales dip 11%

Alcatel-Lucent posted higher profit in the fourth quarter of 2014 and vowed to continue its march into profitability in 2015. However, like its larger peer Ericsson, Alcatel-Lucent was stung in the fourth quarter by falling sales in North America, which is especially problematic since Alcatel-Lucent relies heavily on U.S. carriers for its overall sales.

Alcatel-Lucent slashes net loss in 2014, faces diminishing returns from Shift Plan

Alcatel-Lucent's Shift Plan restructuring program may have peaked in terms of its effectiveness to deliver cost savings an analyst warned, as the company revealed fourth-quarter and full-year 2014 earnings that were below consensus estimates.