Bulls REASONS TO BUY
Bears REASONS TO SELL
March 08, 2014
(Jutia Group, 3/4/14)
[at noodls] - Verizon Wireless is to deploy Alcatel-Lucent's (Euronext Paris and NYSE: advanced data management platform throughout its network,...(read more)
(Jutia Group, 2/20/14)
[at noodls] - Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced...(read more)
(Telecom Ramblings, 2/4/14)
Here's a quick rundown of news from around the world over the past few days: This morning euNetworks landed a multi-year contract expansion with Germany's TimoCom. The freight and...(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...