Welcome Guest Login | Register | Site Map | | Make TelecomTiger my homepage     
Telecom News
Enterprise |  Policy & Regulation |  Mobiles & Tabs |  Corporate |  VAS |  People Movement  |  Technology  |  LTE
Corporate
Alcatel Lucent says India is important market
TT Correspondent |  |  16 Oct 2012

Alcatel Lucent (ALU) has said that India is an important research and development centre and market amid the reports that it is planning to cut 1000 jobs in India s a part of its global restructuring strategy to reduce costs.

 “Our commitment to building India's broadband infrastructure remains unchanged," It said in a statement.

 Earlier in July the company said that it would reduce its workforce by 5,000 globally and exit or restructure non-profitable markets to save 1.25 billion euros by the end of 2013.

The company reported a net loss of 254 million euros for the second quarter and announced a series of measures to reduce its costs.

The firm which announced 'The Performance Programme' to achieve an additional 750 million euro cost reduction, said that it has made no announcements yet on where headcount reductions would occur around the world as part of the programme.

    
 mail this article    print this article    Show and Post comment
16 Oct 2012(IST)  
Whitepaper
Maintain Business Continuity with Cisco ASR 9000 nV Technology
It is a virtual chassis solution where a pair of ASR 9000 routers acts as a single device by maintaining a single contr...read more
Simplify Your Network with Cisco ASR 9000 nV Technology
With the new Cisco Network Virtualization (nV) technology in the Cisco ASR 9000 Series Aggregation Services Routers, se...read more
Cisco Small Cell Solution: Reduce Costs, Improve Coverage
It is designed to address the challenge of mobile service coverage and to expand network capacity...read more