Tag:

Michel Combes

Latest Headlines

Latest Headlines

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.

Alcatel-Lucent aims core, edge routers at large enterprises, content providers

Alcatel-Lucent has set the next stage of CEO Michel Combes' Shift Plan with a focus on diversifying its customer base by selling more of its portfolio of edge and core routers to large enterprises and content providers.

Alcatel-Lucent appoints Willem Hendrickx as president of EMEA

Alcatel-Lucent has appointed Willem Hendrickx as president of its Europe, Middle East and Africa (EMEA) operations with effect from Jan. 1, 2015, replacing Luis Martinez Amago who will be taking up a new position at the equipment manufacturer to be announced in due course.

Alcatel-Lucent's Combes: We're 'back in the game,' plan to woo non-carrier customers

Alcatel-Lucent CEO Michel Combes said that the vendor is "back in the game" in terms of competing with its top rivals and that the company is looking, like other gear makers, for non-carriers customers. After skirting with financial disaster and undergoing a massive restructuring, Combes seemed to be brimming with confidence about Alcatel-Lucent's prospects.

Alcatel-Lucent completes sale of cybersecurity unit to Thales

Alcatel-Lucent has finalized the sale of its cybersecurity and security services business to Thales for an undisclosed amount, another move in its effort to shed non-core assets.

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.