Shift Happens for ALU-E

July 05, 2013 by Dave Michels

Last month, Alcatel-Lucent’s (ALU) new CEO Michel Combes announced details how he intends to return the beleaguered firm to profitability. He calls it the “Shift Plan,” and that’s what it better do. In 2012, under CEO Verwaayen, ALU reported a net loss of $1.81 billion, and since the 2006 merger of Alcatel and Lucent the company has lost about $13.4 billion.

By Dave Michels

Dave is an independent analyst and founder of TalkingPointz which is focused on enterprise communications. In addition to this (free and paid) content on TalkingPointz, he contributes to industry sites, can be found at major industry events, and provides advisory services to vendors and financial analysts.

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