Alca-Lu talks up improved financial footing - Mobile World Live

Alca-Lu talks up improved financial footing

06 MAR 2012

Alcatel-Lucent CEO Ben Verwaayen said the infrastructure provider is no longer on a financial “cliff” and is focusing on innovation, reports Bloomberg. The company has previously suffered from investment cuts by telecoms companies and increased competition from the likes of China’s Huawei and ZTE, but last year posted its first profit since its formation in 2006.


Tim Ferguson

Tim joined Mobile World Live in August 2011 and works across all channels, with a particular focus on apps. He came to the GSMA with five years of tech journalism experience, having started his career as a reporter... More

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