France-based telecom equipment maker Alcatel-Lucent has
undertaken a €1.25 billion ($2 billion) restructuring program
that includes selling off major assets and termination of
5,500 jobs. It recently reported its second straight and a
revenue decline that’s down 2.8% from the year-ago quarter.
It said it had 20% growth in its order book for what it calls
its High Leverage Network (HLN) and has committed to focus on
wireline and wireless broadband, IP and optics. Its goal, it
said, is to deliver scalable bandwidth at the lowest cost per
bit by putting intelligence into the network.
It has test installations of its copper telephone wire-based
VDSL2 Vectoring gear at Belgacom, which has committed to
providing 50 Mbps to most Belgian residences, Denmark’s TDC
and Telecom Austria.
It’s in a very competitive market with giants such as Cisco,
Juniper Networks, Ericsson, Huawei, Nokia Siemens Networks and