alcatel-lucent-sponsored adr (ALU) Key Developments
T-Mobile Unveils New Alcatel OneTouch Pixi 7
Aug 25 15
T-Mobile US, Inc., a wireless network operator company, has unveiled the new Alcatel OneTouch Pixi 7 - which retails for $168 - for $0 down and $0 payments with any qualifying tablet data plan.
Alcatel-Lucent's Rapport™ Communications Software to Enable China Mobile to Launch VoLTE Services
Aug 10 15
Alcatel-Lucent announced that it is to deploy its Rapport™ communications software with the China Mobile, enabling it to simplify and consolidate video, voice and messaging services onto a single platform. As a result of the deployment, China Mobile will be able to offer high-quality, high-definition VoLTE (voice over LTE) services for the first time in China, paving the way for future cloud-based services. China Mobile will be able to leverage Rapport's native APIs and WebRTC (Web Real Time Communications) capabilities to create new contextual applications and services, enabling subscribers to personalize how they connect with others using video, voice and messaging on any connected device. The deployment will also set the stage for China Mobile to offer new services through the use of voice over Wi-Fi®. In addition to enhancing the subscriber experience with all-IP services, VoLTE allows communications providers such as China Mobile to migrate 3G networks to LTE and re-use spectrum, to realize new cost and operational efficiencies. China Mobile will deploy Rapport in nine provinces, including some of the most densely populated provinces in China with the high GDP, such as the coastal provinces of Jiangsu and Zhejiang, as well as the cities of Shanghai and Chongqing. In China Mobile's first central bid for VoLTE, Alcatel-Lucent will deploy Rapport in nine provinces. This follows the signing of a comprehensive frame agreement in June 2015 for the delivery of ultra-broadband access, IP networking and NFV technologies. Using the Rapport communications software China Mobile will provide its consumer and business customers with new video, voice and messaging services regardless of device or whether they are in a fixed or mobile environment. Alcatel-Lucent will deploy the full suite of Rapport communications software including CSCF (Call Session Control Function), Application Servers and Session Border Controllers. Rapport communications software is based on a fully re-architected version of the Alcatel-Lucent IP Multimedia Subsystem (IMS), the foundation for the company's Voice over LTE (VoLTE) technology. Alcatel-Lucent is the VoLTE market leader with more than 128 million VoLTE subscriber licenses shipped and offers a complete VoLTE and VoWiFi solution, including the LTE RAN, EPC, IMS, Motive, and Professional Services. An NFV-based (network functions virtualization) solution, Rapport will enable China Mobile to benefit from efficiencies made available by NFV as their customers' data demands change and more devices connect to the network. China Mobile is also conducting a trial of Rapport for an NFV-based VoLTE solution. In a recent study of smartphone users, Alcatel-Lucent identified new opportunities for service providers to differentiate their offers using the Rapport communications software.
Alcatel-Lucent Pays $10 Million ICE over Bribery Claims
Aug 5 15
Alcatel-Lucent has paid $10 million to ICE as compensation for a bribery scandal originating in 2004. The companies reached an out-of-court settlement after ICE gave approval in June to go down the non-judicial route. Alcatel had previously proposed compensation payments of $3 million in 2008, and $5 million in 2012, which were rejected by ICE. ICE filed a lawsuit in 2010 in a US court for damages and civil racketeering. Earlier that year, the company reached an agreement with the US Justice Department and the US securities regulator to pay damages of over $137 million in order to avoid criminal prosecution.
Alcatel-Lucent Announces Unaudited Consolidated Earnings Results for the Second Quarter and First Half of 2015
Jul 30 15
Alcatel-Lucent announced unaudited consolidated earnings results for the second quarter and first half of 2015. For the quarter, the company reported revenues of EUR 3,450 million compared to EUR 3,279 million a year ago. Adjusted operating income was EUR 175 million compared to EUR 136 million a year ago. Adjusted net loss was EUR 49 million or EUR 0.02 per diluted share compared to EUR 290 million or EUR 0.10 per diluted share a year ago. Net loss (Group share) was EUR 54 million or EUR 0.02 per diluted share including the negative after tax impact from purchase price allocation entries of EUR 5 million. Operating cash flow was EUR 322 million compared to EUR 138 million a year ago. Capital expenditures (incl. R&D cap.) were EUR 132 million compared to EUR 126 million a year ago.
For the first half of 2015, the company reported revenues of EUR 6,685 million compared to EUR 6,242 million a year ago. Adjusted operating income was EUR 257 million compared to EUR 169 million a year ago. Adjusted net loss was EUR 117 million or EUR 0.04 per diluted share compared to EUR 355 million or EUR 0.13 per diluted share a year ago. Operating cash flow was EUR 368 million compared to EUR 121 million a year ago. Capital expenditures (incl. R&D cap.) were EUR 259 million compared to EUR 232 million a year ago.
Alcatel-Lucent Announces Executive Changes
Jul 30 15
The Board of Directors of Alcatel-Lucent has announced the governance structure to lead the Group as it prepares for the proposed combination with Nokia. Effective September 1, 2015, and for the duration of the transition period, Philippe Camus, currently Chairman of the Board of Directors, will become Chairman and Interim CEO. Jean-Cyril Spinetta is appointed Lead Director of the Board. Philippe Guillemot, Chief Operating Officer, will be in charge of leading the operational management of the group. Jean Raby, Chief Finance and Legal Officer, will be responsible for completing the proposed transaction with Nokia. Philippe Guillemot and Basil Alwan, President of the IP Routing & Transport business line, will jointly lead the integration team. Michel Combes will step down as CEO, as was indicated at the time of the announcement of the proposed merger with Nokia on April 15. His departure from the group will be effective September 1. The leadership team will be responsible for completing Alcatel-Lucent's 2015 targets under the Shift Plan and closing the proposed transaction with Nokia and preparing for the companies' integration.