PARIS (Reuters) - Telecom equipment maker Alcatel-Lucent said on Tuesday it would cut 10,000 jobs worldwide, calling it the last chance to turn the company around from heavy losses. It was the latest ...
Nokia Corp., once a household name as the leading seller of cellphones, agreed to buy a major rival in its effort to remake itself into a global leader in another telecom field. With the onset of ...
The 2006 merger of Alcatel and Lucent has not been great for shareholders, who have seen their stock lose 70% of its value. The good news is that Alcatel-Lucent ( ALU, quote) has finally posted its ...
Alcatel-Lucent, HP and Freescale have unveiled a new mobile communications technology called LightRadio, which the companies say could supersede the traditional cellular base station. LightRadio, ...
Alcatel-Lucent CEO Michel Combes has said that the next phase for the networking company's growth will be pinned on picking up customers in non-service provider sectors, despite the company selling ...
Alcatel-Lucent (NYS: ALU) carries $8 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road. Could ...
Finnish telecoms-equipment maker Nokia confirmed on Wednesday that it's buying French rival Alcatel-Lucent in an all-stock deal that values Alcatel-Lucent at $16.6 billion. The Finnish company said ...
Alcatel-Lucent and Telekom Austria have completed the world’s first trial of G.fast with vectoring, a combination of technologies enabling gigabit broadband over existing copper networks. To help keep ...