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General

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

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