Bulls REASONS TO BUY
Bears REASONS TO SELL
May 18, 2013
(Stock Blog Hub, 3/2/13)
In Mobile World Congress (Barcelona, Spain) Alcatel Lucent (ALU) announced that it has entered into new ventures in India and Iraq. In India, Alcatel-Lucent entered into an...(read more)
(Telecom Ramblings, 4/9/13)
Lots of news this week by vendors from around the world, here's a look at items from ADVA, Aclatel-Lucent, Calix, and Ericsson: ADVA Optical won a 100G contract with Kabel...(read more)
(Telecom Ramblings, 2/28/13)
Still under siege but with its new CEO at the helm, [company id="alu"] seems to be picking up some momentum in the managed services segment. Last month it was a $1B deal for...(read more)
Alcatel-Lucent (ALU) Company Overview
Alcatel-Lucent is a telecommunications equipment vendor, the result of a 2006 merger between Alcatel and Lucent. As one of the largest telecommunications vendors in the world, Alcatel-Lucent offers wireless, wireline, convergence, and enterprise communications equipment. Based in Paris, France, the company sources revenue evenly from North America, Europe and the rest of the world.
Since the merger ALU has performed poorly, posting a $751.8 million loss in 2009 and a loss of $7.29 billion in 2008. Telecommunication equipment providers depend heavily on a small group of service companies such as Verizon Communications (VZ) and AT&T (T), which provide consumer services such a Internet access, wireless voice and data, and video. On the positive side, Alcatel-Lucent's broad offerings allow the company to sell a suite of products, services and upgrades, effectively locking in service providers for periods of time.(Read more at Wikinvest )
What's in this ALU analysis on Wikinvest...