Tag Archive

Alcatel-Lucent’s Verwaayen does not foresee major layoffs

Published on January 4, 2012 By Don

Ben Verwaayen, CEO of Alcatel-Lucent (NYSE: ALU), thinks that he won’t need to resort to the massive job cuts that its main rival Nokia Siemens Networks has undertaken to regain its footing.

Verwaayen

In an interview with French ne…

Alcatel-Lucent extends the reach of its 100G optical network offering

Published on December 7, 2011 By Don

Alcatel-Lucent (NYSE: ALU), in a move to illustrate their 100G optical networking offering can span wide distances, the has introduced a new single-carrier coherent technologies that extend signals further.
Offered as an extension on its existing 1830 …

Alcatel-Lucent’s Verwaayen: Continued growth to come in 2011

Published on December 1, 2010 By Don

Demand for upgraded networks and “the explosion of all things digital” were two of the main drivers of Alcatel-Lucent’s (NYSE: ALU) growth in 2010, CEO Ben Verwaayen said in an interview with CNBC on Monday. The company expects a 1 to 5 percent growth …

Alcatel-Lucent (NYSE: ALU) Q3 profit buoyed by IP and wireless growth

Published on November 7, 2010 By Don

Alcatel-Lucent’s (NYSE: ALU) CEO and President Ben Verwaayen’s plan to turn the company towards a path of profitability certainly were on display in Q3 2010.
During the third quarter, Alcatel-Lucent reported its first profitable quarter in 2010. Aided …

Alcatel-Lucent Q2: IP, wireless carry the day with strong results

Published on July 30, 2010 By Don

Solid earnings in Alcatel-Lucent’s (NYSE: ALU) IP and wireless segments and strong growth in North America helped to partially offset a decline in fixed access revenues for the second quarter of 2010, the operator reports. Alcatel-Lucent’s overall revenues were down 2.4 percent compared to last year, at EUR3.8 billion. However, CEO Ben Verwaayen maintained the [...]