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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: Alcatel Lucent

Alcatel Lucent stories: 5 news summaries

US Gets Tough on Foreign Bribery

Royal Dutch Shell,
Sun Micro among 120 being investigated

May 26, 09 8:06 AM CDT
(Newser) - US corporations are looking over their shoulders, thanks to a Justice Department crackdown on foreign bribery, the Wall Street Journal reports. At least 120 companies are being investigated under the Foreign Corrupt Practices Act, or FCPA—a nearly-forgotten Nixon-era law dusted off in the wake of a rash of... More »

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Department of Justice • bribery • Sun Microsystems • Alcatel Lucent • Royal Dutch Shell

EARNINGS

Alcatel-Lucent CEO, Chair to Quit After 6th Straight Loss

6th straight quarterly loss for troubled telecom giant

Jul 29, 08 6:46 AM CDT
(Newser) - Patricia Russo, the CEO who led the merger of Alcatel-Lucent, will step down by the end of the year after the troubled telecom giant released yet another grim quarterly report, posting a net loss of $1.73 billion. That figure was much larger than analysts had predicted, and almost double... More »

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France • CEO • earnings reports • telecom • Patricia Russo • telecommunications • Alcatel Lucent

More Losses at Alcatel, and More Layoffs

French-American telecom giant still sputtering 18 months in

Nov 1, 07 11:22 AM CDT
(Newser) - Alcatel-Lucent, the troubled Franco-American telecommunications company, announced yet more job cuts yesterday as the company posted its third consecutive quarterly loss. Alcatel had already planned to downsize by 12,500 employees, but another 4,000 will lose their jobs to reduce costs. 18 months after the French takeover of Lucent,... More »

MORE ABOUT:
telecom industry • Cisco • Patricia Russo • Ericsson • Alcatel Lucent

BlackBerry To Grow in China

RIM takes smartphone into untapped market

Oct 24, 07 11:39 PM CDT
(Newser) - BlackBerry developer Research in Motion is pushing its smartphone into the huge Chinese market for personal communications devices, with major multinationals its first market target. Reuters reports RIM's Chinese partner, China Mobile, already has a two-thirds market share, but the Blackberry is expected to face tough opposition from a low-cost... More »

MORE ABOUT:
China • wireless • Jim Balsillie • BlackBerry • smartphones • RIM • Research in Motion • China Mobile • RedBerry • Alcatel Lucent

Mergers Can't Keep Telecom From Free Fall

As multiple companies post losses, problems spread across sector

Oct 23, 07 11:50 AM CDT
(Newser) - This quarter was supposed to see the start of a fightback for the beleaguered telecommunications industry. But the bad news keeps coming: Ericsson has warned investors to prepare for a sharp drop in profits, Nokia is still losing money and firing thousands of workers, and Alcatel-Lucent is already seeking a... More »

MORE ABOUT:
telecom industry • Nokia • Ericsson • Alcatel Lucent

5 Stories


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