Tag:

Michel Combes

Latest Headlines

Latest Headlines

Alcatel-Lucent narrows loss in Q3 but U.S. sales continue to drop off

Alcatel-Lucent reported a narrower net loss for the third quarter and an improved margin as cost cuts and a slower cash burn offset falling sales. However, in the company's crucial U.S. market, sales continued to fall in the period.

Alcatel-Lucent rural U.S. LTE overlay contract may ease investors' concerns

Alcatel-Lucent appeared to address investors' concerns that its U.S. operation is too heavily reliant on large operators, with a deal to deploy an LTE overlay network for second-tier operator Pioneer Cellular.

Alcatel-Lucent CEO: 'We are back and here to stay'

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.

Alcatel-Lucent narrows loss, but U.S. sales drop

Alcatel-Lucent capped off the second quarter of 2014 with a narrower loss. Yet sales in the United States fell and investors have grown worried that the company's reliance on large contracts from U.S. carriers could hurt it if network activity drops.

Alcatel-Lucent to raise bonds to pay down $1.75B of debt

Alcatel-Lucent has launched a $1.4 billion offer in convertible bonds, which will be used to pay off the $1.75 billion on the company's senior secured credit facility in the U.S. as part of its Shift Plan.

Orange, Alcatel-Lucent CEOs reiterate pleas for French consolidation

The CEOs of Orange and Alcatel-Lucent continue to call for greater consolidation on the French market--a move they say would provide a more level playing field for the market's mobile operators.

Alcatel-Lucent enters talks to sell cybersecurity division to Thales

Alcatel-Lucent is in talks to sell its cybersecurity unit to Thales as part of what it says is a broader partnership to address network security opportunities.

Alcatel-Lucent: Verizon, AT&T and Sprint accounted for 39% of Q1 revenue

Alcatel-Lucent sharply cut its losses in the first quarter and its adjusted operating income beat analyst expectations, but sales dipped year-over-year in the United States, its largest market by far.

Alcatel-Lucent cuts losses by almost 80% in Q1

Alcatel-Lucent continued to show an improvement in its operating performance after the equipment manufacturer reported  its group net loss fell by almost 80 per cent to €73 million ($101 million) in the first quarter of 2014, from €353 million a year previously.

Alcatel-Lucent posts Q4 net profit of $181.6M, points to cost savings

Alcatel-Lucent posted its first quarterly net profit in two years in the fourth quarter of 2013, and said its turnaround under the "Shift" plan led by CEO Michel Combes is on target. In the fourth quarter the vendor's North American sales inched up and the company's overall margins widened.