Alcatel Lucent SA (ALUA.PA)
|Market Cap (Mil.):||€3,489.49|
|Shares Outstanding (Mil.):||2,329.43|
PARIS - Telecom equipment maker Alcatel-Lucent plans to focus on networking products and high-speed broadband and will slim down with a billion euros in cost cuts by 2015 in a bid to reverse years of losses.
PARIS, June 19 - Telecom equipment maker Alcatel-Lucent plans to focus on networking products and high-speed broadband and will slim down with a billion euros in cost cuts by 2015 in a bid to reverse years of losses.
PARIS, June 19 - Telecom equipment maker Alcatel-Lucent unveiled a new plan to reverse years of losses, targeting cost cuts of 1 billion euro and asset sales of above 1 billion by 2015.
PARIS - Telecommunications gear maker Alcatel-Lucent aims to cut a billion euros in costs and focus on the IP router business and mobile broadband as part of a strategic revamp to be unveiled by its new chief executive on Wednesday, French daily Les Echos reported.
* Question over how much further to go on asset sales (Adds background, source, shares)
* Analysts say grp needs shake-up to meet targets (Adds details, background)
PARIS, March 27 - Michel Combes, who will take over as chief executive of Alcatel-Lucent on April 2, will present his plan for the loss-making telecom equipment maker in June, a spokeswoman said.
(Corrects source in first and second bullet points to remove reference to India)
* Alcatel unable to deliver profit, cash since 2006 merger
PARIS, Feb 22 - ALCATEL-LUCENT : * Shares open up over 3 percent after it names new CEO
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