Alcatel Lucent

alcatelLucent

date of creation

2006

number of employees

72 000

History

Alcatel-Lucent was founded in 2006 through a merger of Alcatel and Lucent, an American and French telecommunication services companies. First year after the merger was challenging for Alcatel-Lucent, and forced it to cut a significant amount of jobs, despite a negative impact on corporate reputation of the company.

Alcatel-Lucent attempted to rescue the company by several strategic acquisitions. The following year, the group acquired Tropic Networks Optical Networks Canada and the NetDevices, a developer of services gateway products for enterprise networks, as well as Thompson Advisory Group, a communication consultancy company and Tamblin, a TV-technology provider.

In 2008, to increase competition against Ericson, Huawei and ZTE, Alcatel- Lucent signed a cooperation agreement with NEC Corporation, a Japanese industrial giant specializing in IT and communication. In January 2013, still facing financial difficulties, the Alcatel- Lucent group took a decision to borrow 2 billion euros and pledge its 29,000 patents. In October 2013, the new CEO of Alcatel- Lucent announced a radical restructuring plan that entailed some strategic investments, and would result in cutting of jobs and closure of some offices.

 

Key facts

Alcatel-Lucent is a telecommunication solutions provider, offering products and services to the companies operating fixed and mobile access, as well as IP and cloud networking . Alcatel-Lucent customers include enterprises, service providers, and government agencies.

Alcatel-Lucent operates in four key areas: IP platform management, routing management, IP transmission, and mobile and fixed network management.

Research and development is very important for Alcatel-Lucent, making it one of the most innovative companies worldwide. The group is included in the Thomson Reuters top 100 innovators list. In 2013, Alcatel-Lucent was named an Industry Group Leader for Technology Hardware & Equipment sector by the Dow Jones Sustainability Indices.

Alcatel-Lucent operates across more than 130 countries.

In 2013, the Group’s reported total revenues in amount of 14.4 billion Euros.



Comments are closed.

HEADQUARTERS





MORE COMPANIES

alcatelLucent

Alcatel Lucent

Alcatel-Lucent is a telecommunication solutions provider, offering products and services to...


BIC

Bic

Bic is a global leader in the manufacture of disposable consumer products such as ballpoint...


gazprom

Gazprom

Gazprom is a Russian company that specializes in production, processing and transporting of...


apple inc

Apple Inc.

According to the Forbes magazine, Apple Inc. was the most admired company in the world...


Back to Top ↑
  • DIRECTOR

    Michel Combes

    Michel Combes, born on the 19th of March 1962, is a CEO of Alcatel Lucent.

  • LATEST TWEETS