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Epsilon Selects Alcatel-Lucent IP And 100G Optical Transport Solution For Core Network Upgrade
2013-06-26 08:35:14| fiberopticsonline News Articles
Alcatel-Lucent (Euronext Paris and NYSE:ALU) and Epsilon, the largest global network exchange, today announced an agreement to deploy an Alcatel-Lucent optical transport and IP network to meet the ever-increasing demand for higher-quality and cost-efficient broadband and video services
Tags: network
solution
transport
core
Alcatel-Lucent to narrow focus, boost cash under new plan
2013-06-19 09:22:00| Telecompaper Headlines
(Telecompaper) 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 FTTx. Overall the Core Networking activities are expected grow by more than 15 percent, from EUR 6.1 billion in 2012 to over EUR 7 billion in 2015, while the operating margin increases from 2.4 percent to more than 12.5 percent over the same period. Additional cost reductions of EUR 1 billion on SG&A and operational efficiencies are targeted, as well as EUR 1 billion in proceeds from selling assets. The CEO also plans a refinancing of EUR 2 billion debt in the near term, followed by a debt reduction of EUR 2 billion once the Shift Plan has started paying off. Overall the plan is expected to be self-financing, with no need to raise additional debt or capital. Alcatel-Lucent also announced the appointment of Philippe Guillemot, the former CEO of nuclear energy group Areva T&D, as Senior Executive Vice President, Operations.
Alcatel-Lucent to slim down, refinance
2013-06-19 02:00:00| Total Telecom industry news
Struggling vendor to sell 1 billion worth of assets as part of plan to save 1 billion a year.
Tags: slim
refinance
alcatellucent
Alcatel-Lucent SA's "Sell" Rating Reaffirmed at Berenberg Bank
2013-06-05 19:44:03| Telecom - Topix.net
's stock had its "sell" rating reiterated by investment analysts at Berenberg Bank in a note issued to investors on Wednesday, Stock Ratings Network.com reports.
Alcatel-Lucent: Why It's A Smart Investment
2013-06-02 12:21:46| Telecom - Topix.net
For most investors, Alcatel-Lucent seems like a lost cause. With stock prices trading at a 52-week range of $0.91 to $1.79 and a first quarter net loss of $460 million , not to mention a cripplingly heavy debt burden, the possibility that the company may go bankrupt has even been raised.
Tags: investment
smart
alcatellucent
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