Reuters logo
Alcatel CEO says Qualcomm deal may lead to others
July 30, 2013 / 12:06 PM / 4 years ago

Alcatel CEO says Qualcomm deal may lead to others

PARIS (Reuters) - Alcatel Lucent’s ALUA.PA joint venture with Qualcomm (QCOM.O) could be the first of several deals aimed at boosting the French telecom-equipment maker’s footprint in fast-growing technologies, Alcatel’s chief executive said on Tuesday.

A man walks past a Qualcomm advertising logo at the Mobile World Congress at Barcelona, February 27, 2013. REUTERS/Albert Gea

Michel Combes added that, as with the Qualcomm deal, other partners - roughly three to five - could end up taking small stakes in Alcatel.

“We obviously intend to do the same with a few other names in the industry in the coming quarters in due course,” he said. “All those partners together might represent 5 pct of our capital structure.”

Reporting By Christian Plumb; Editing by Lionel Laurent

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below