ALU may be able to make a sale this time. The submarine cable business is one of the few profitable areas left from before Alcatel's merger with Lucent. Of course, selling off the parts that make money because those are the only things that others will actually buy is the path to oblivion that we have seen many telecom companies take over the years.
Maybe it's all part of the trend away from transport owneship.... when Ben Verwaayen took over as CEO one of the first things he did was cancel the private jets.
Next up - ALU staff to cycle to work...
Seriously, though, Alcatel has ships while Global Marine, a partner of Huawei, has quite a few. See
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