Verwaayen is going to be replace Pat Russo and will be based in Paris. Read More »
Tech
The problems at Alcatel-Lucent are not unique to the Franco-American communications equipment maker. Instead they are part of a bigger disease that ails some of the older gear makers in the West, which are being squeezed by low-cost Asian rivals, fewer buyers and massive shifts in… Read More »
During its second- quarter earnings call earlier this morning, telco gear maker Alcatel-Lucent said its chairman, Serge Tchuruk, and its CEO, Patricia Russo, would step down. Both said they were stepping down because consolidation after the 2006 merger was complete, and now the company… Read More »
