Alcatel-Lucent says will meet 1 bln asset disposal target

PARIS, June 13 Fri Jun 13, 2014 8:32am EDT

PARIS, June 13 (Reuters) - Telecommunications equipment provider Alcatel-Lucent will meet its target of 1 billion euros ($1.36 billion) in asset disposals as part of its Shift restructuring plan, a programme launched a year ago, its head said on Friday.

"As part of the Shift plan, I have taken a clear commitment towards a disposal programme of 1 billion euros," Alcatel-Lucent Chief Executive Michel Combes told a conference organised by the French daily Les Echos.

"This objective will held like the others." ($1 = 0.7345 Euros) (Reporting by Gwenaelle Barzic, writing by Astrid Wendlandt, editing by Brian Love)