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Alcatel-Lucent Enterprise aims to double sales in five years

Tuesday 16 December 2014 | 10:02 CET | News
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Alcatel-Lucent Enterprise, which was acquired by Chinese infrastructure investment fund Huaxin for EUR 202 million earlier this year, aims to double its EUR 700 million annual revenue within five years, Les Echos reports. CEO Michel Emelianoff said Huaxin was in it for the long term. The Chinese company reportedly told its staff that it was prepared to invest EUR 200 million to EUR 300 million over five years. In a sector in full consolidation, with giants such as Cisco, HP and Avaya, growth will come through targeted acquisitions and organic growth to gain market share in France and

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Categories: Fixed
Companies: Alcatel-Lucent USA/FR / Cisco / HP
Countries: France / World
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