After two years of the birth of Alcatel-Lucent, the Franco-American giant of the network infrastructure in the telecommunications sector, pià ¹ undergoes big quarterly loss. In the fourth quarter of 2007, the group accuses losses to 2.58 billion mainly due to asset write-downs that work on CDMA technology, which Lucent was the leader at the time of 'acquisition by Alcatel. The current situation sees first consequence the absence of a dividend for shareholders on executive floor and the position of Chairman Serge Tchuruk and the 'chief executive Patricia Russo is also whether quet'ultima know that the president has no intention of leaving. The liabilities of the twelve months amounted to 615 million. The Alcatel-Lucent merger was criticized by some who now find themselves confirmed in their analysis. Moreover, the group has devalued by 48 million the business of providing IP multimedia services over the internet and fixed telephone used by the network on mobile phones. The anticipated return to profitability in the short term I am not sure because the company itself expects the first quarter of 2008, further losses, but from the second quarter, according to top management, you will see improvements. The bilncio recorded revenues of 18% equivalent to 5.23 billion, pià ¹ than expected but the last line put in turmoil, analysts causing a latch that then the title is almost unchanged. Frederic Hamm, of Agilis Gestion, argues that "Alcatel bought Lucent at the worst moment, when market growth is the U.S. was slowing." The telecoms sector is experiencing the difficulties that other companies are investing as Ericsson, the number one in production of wireless networks, which in stock loses half its value and cutting jobs also invests Nokia Siemens Network (-9.000posti) Alcatel-Lucent announced that it has already cut 6700 jobs in 2007, when merger dela cuts were announced by 9 thousand, then rose to 12,500. The group, despite the difficulties, continues in its business plan by excluding variations.
RSS feed for comments on this post · TrackBack URI
Leave a reply