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Alcatel-Lucent says focus on fast broadband, IP is key to comeback |
November 15, 2013
With its new-found focus on IP networking and fast broadband access, Alcatel-Lucent is poised to take advantage of a worldwide explosion in mobile devices and the rush of service providers and operators to the cloud, company executives said at the networking vendor's tech symposium this week.At the conference, ending Friday, Alcatel-Lucent executives fleshed out for analysts and media the strategy behind the "Shift" plan to morph the company from a general supplier of telecom equipment into what it has called an "industrial specialist."Much is at stake for the financially stressed company. The plan, announced in June, calls for the company to shed US$1 billion in assets and become profitable by 2015. In October, the company announced that as part of the plan it would cut 15,000 workers and create 5,000 positions as it executes the strategy."We are all at a turning point in the industry," said CEO Michel Combes Thursday at the symposium, held in Basking Ridge, New Jersey, a few minutes drive from the headquarters of Lucent before it merged with Alcatel in 2006. "What was working five years ago for service providers doesn't work anymore."To read this article in full or to leave a comment, please click here
Link: http://www.pcworld.com/article/2064041/alcatellucent-says-focus-on-fast-broadband-ip-is-key-to-comeback.html#tk.rss_all
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