Alcatel-Lucent posts loss
Losses at Alcatel-Lucent widened for the fourth quarter of 2008 as the economic outlook forced the company to write down the value of more assets.
Losses at Alcatel-Lucent widened for the fourth quarter of 2008 as the economic outlook forced the company to write down the value of more assets.
Alcatel-Lucent has appointed Andrew Butterworth as managing director of the company’s Australian operations.
Alcatel-Lucent is naming enterprises as one of three markets it will focus on as it lays off 1,000 more workers and makes cuts in other areas in an attempt to turn the company around.
Alcatel-Lucent this week is expected to unveil a range of enhancements to its large enterprise product portfolio, including an upgraded data center switch and IP telephony extensions.
Alcatel-Lucent posted a loss yet again, the reported net loss for the third quarter was reported at 40 million Euros US$52.64 million), as sales to carriers dropped, it reported on Thursday. Although the loss is smaller than a year ago, when the company reported a net loss at €345 million.
Extreme Networks and Alcatel-Lucent this week are unveiling equipment designed to further whet carriers' appetites for Ethernet.