Alcatel-Lucent to narrow focus, boost cash under new plan

Wednesday 19 June 2013 | 09:22 CET | News
Alcatel-Lucent's new CEO Michel Combes has announced his strategic plans for the company. Termed 'The Shift Plan', the three-year strategy will re-focus the company on IP networking and ultra-broadband access. Alcatel-Lucent will work more on co-development with partners and customers in these areas and significantly reduce spending on its other product lines. Under the new strategy, certain key businesses in wireless, fixed access and other areas will be managed with a focus on cash generation, in order to open up opportunities for investing in new technologies such as LTE, vectoring and

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Alcatel-Lucent USA/FR
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Alcatel-Lucent outsources 2G, 3G operations to HCL - report

Published 03 Jul 2014 08:39 CET | France
Alcatel-Lucent has outsourced its 2G and 3G mobile network upgrading and maintenance activities to Indian ICT company HCL, Les ...

Alcatel in talks to sell cyber-security activity to Thales

Published 23 May 2014 09:00 CET | Europe
Alcatel-Lucent and French aerospace, transport and defence group Thales have opened exclusive negotiations for Thales to acquire ...

Alcatel taps bank to find buyer for Entreprise unit - report

Published 11 Nov 2013 10:34 CET | World
Alcatel-Lucent has hired merchant bank Lazard to help it find a buyer for Alcatel-Lucent Entreprise, sources told Reuters. The ...

Combes outlines Alclatel layoff plans, French site closures

Published 14 Oct 2013 10:33 CET | World
Michel Combes, who left Vodafone to take the helm at Alcatel-Lucent in April, told Le Monde that he considers it vital to save ...

Alcatel-Lucent CEO to explain job cuts to French MPs

Published 09 Oct 2013 12:37 CET | World
Alcatel-Lucent CEO Michel Combes will be heard by the French National Assembly's committee on economic affairs during the week of ...

Alcatel-Lucent to cut 10,000 jobs by 2015

Published 08 Oct 2013 08:52 CET | World
Alcatel-Lucent announced plans to shed 10,000 jobs by the end of 2015, as part of efforts to narrow the company's focus and ...

Alcatel-Lucent appoints Raby as CFO

Published 28 Aug 2013 10:25 CET | World
Alcatel-Lucent has announced the appointment of Jean Raby as Chief Financial & Legal Officer, effective 01 September. Raby will ...

Alcatel-Lucent posts Q2 loss on impairment charge

Published 30 Jul 2013 09:09 CET | World
Alcatel-Lucent reported a net loss of EUR 885 million for the second quarter, after a EUR 552 million writedown. The impairment ...

Bell Labs breaks undersea cable speed record

Published 16 Jul 2013 16:21 CET | World
Alcatel-Lucent's Bell Labs unit has broken a new record for the amount of data that can be transmitted over trans-oceanic ...

Bouygues to offer Alcatel femtocells to enterprise customers

Published 02 Jul 2013 16:17 CET | France
French operator Bouygues Telecom has chosen Alcatel-Lucent Femto Enterprise V2.2 small cells to help improve 3G broadband access ...

Alcatel-Lucent prices bond issue

Published 27 Jun 2013 10:26 CET | World
Alcatel-Lucent has finalised the terms of its convertible bond issue. The company will raise an initial EUR 547.8 million from ...

Alcatel-Lucent starts convertible bond issue

Published 26 Jun 2013 09:48 CET | World
Alcatel-Lucent is issuing new bonds for refinancing, as part of its 'Shift' restructuring plan announced last week. The company ...

CEO Alcatel-Lucent ontvouwt toekomstplannen

Published 19 Jun 2013 10:17 CET | World
Alcatel-Lucent's nieuwe CEO Michel Combes heeft zijn plannen onthuld waarmee de Frans-Amerikaanse netwerkleverancier weer op het ...

Alcatel to name Philippe Guillemot as COO - report

Published 17 Jun 2013 08:21 CET | World
Alcatel is set to appoint automotive and nuclear industry veteran Philippe Guillemot as COO, reports BFM Business, around 100 ...

Alcatel-Lucent to announce strategic plan on 19 June

Published 13 Jun 2013 09:07 CET | World
Alcatel Lucent will announce its strategic road map on 19 June, which will aim to reduce cash consumption and increase investment ...

Alcatel review on track, CEO tells shareholders

Published 12 May 2013 12:30 CET | World
Alcatel-Lucent CEO Michel Combes told shareholders at last week's AGM that the company's review was on track and that it will ...

Alcatel-Lucent reports loss on flat revenues in Q1

Published 26 Apr 2013 09:00 CET | World
Alcatel-Lucent reported revenue up 0.6 percent to EUR 3.23 billion in the first quarter, compared to EUR 3.21 billion in the ...

Alcatel-Lucent ships one million VDSL2 vectoring lines

Published 18 Apr 2013 16:03 CET | World
Alcatel-Lucent has shipped one million VDSL2 vectoring lines to 11 service providers since launching the technology in late 2011. ...

Alcatel-Lucent's new CEO to unveil 3-year strategy in June

Published 28 Mar 2013 09:26 CET | World
Alcatel-Lucent's new CEO, Michel Combes, will announce a strategic plan for the next three years in June, a company spokesman ...

Alcatel board agrees new CEO's salary, bonus structure

Published 15 Mar 2013 09:44 CET | World
Alcatel-Lucent's new, CEO Michel Combes, will receive a fixed gross salary of EUR 1.2 million and a variable compensation element ...

Alcatel-Lucent appoints Michel Combes as CEO

Published 22 Feb 2013 08:43 CET | World
Alcatel-Lucent's board of directors has approved the appointment of Michel Combes as the company's new CEO, effective 1 April. ...

Calendar   /   Industry Events

26 Feb Deutsche Telekom Q4 2020
26 Feb Tecnotree Q4 2020
26 Feb Proximus Q4 2020
26 Feb OTE Q4 2020 2020
26 Feb HTHK FY results
26 Feb Megacable Q4
26 Feb Report: Dutch Mobile Monitor 2020 Q3
01 Mar Inseego Q4
01 Mar Ooma Q4
01 Mar Liberty LatAm Q4 results
01 Mar Switch Q4 2020
01 Mar Boingo Q4
01 Mar Zoom Video Communications Q4
01 Mar TIM Brasil investors day
01 Mar Embedded World Digital
02 Mar FuboTV Q4 2020
02 Mar HPE fiscal Q1
03 Mar Marvell Technology fiscal Q4
03 Mar Vivendi Q4 2020
03 Mar Avast FY results
04 Mar Inwit Q4 2020
04 Mar Broadcom fiscal Q1
04 Mar MTS Q4 2020
04 Mar Ciena fiscal Q1
04 Mar Telesat Q4
05 Mar Vonage Investor Day
::: More Calendar Items