Tuesday, 06 December 2016

Alcatel-Lucent offloads enterprise division as it swings to Q4 profit

By Nick Wood, Total Telecom
Thursday 06 February 14

CEO Combes says restructuring plan on track as full-year net loss narrows.

Alcatel-Lucent on Thursday swung to a fourth-quarter net profit and announced the sale of its enterprise division. Technology investment firm China Huaxin has agreed to acquire Alcatel-Lucent Enterprise in a transaction valuing the unit at €268 million. The deal is part of the vendor's ongoing Shift Plan…

Alcatel-Lucent on Thursday swung to a fourth-quarter net profit and announced the sale of its enterprise division. Technology investment firm China Huaxin has agreed to acquire Alcatel-Lucent Enterprise in a transaction valuing the unit at €268 million. The deal is part of the vendor's ongoing Shift Plan…

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