Light Reading

Euronews: New Year Relief for Alcatel-Lucent

Ray Le Maistre
1/4/2013
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Alcatel-Lucent, Telekom Austria AG, Hutchison 3G Austria GmbH and TeliaSonera AB close out the week's regional roundups.

  • Upgrades from financial analysts have given Alcatel-Lucent's share price an early year boost, though its stock is still only commanding a price of $1.46 on the New York Stock Exchange (up by 5 percent since the turn of the year) and €1.17 on the Paris exchange (up nearly 16 percent so far this year). For more on the upgrades, see this report and this analysis. The vendor recently arranged new credit facilities, a move that improved confidence in the company's future.

  • The Austrian mobile market is a little more settled today after the completion of two acquisitions. Telekom Austria has finally completed its €390 million ($507 million) takeover of budget brand YESSS! Telekommunikation GmbH, while Hutchison 3G Austria has sealed the €1.3 billion ($1.7 billion) acquisition of Orange Austria.

  • Former TeliaSonera veteran Thomas Haug will be awarded the Draper Prize by The American National Academy of Engineering for his role in the development of NMT, the mobile technology that spawned GSM. In all, five mobile technology pioneers, including Light Reading Hall of Fame inductee Martin Cooper, will receive the prize this year. For more, see this press release.

    — Ray Le Maistre, International Managing Editor, Light Reading

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    Ray Le Maistre
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    Ray Le Maistre,
    User Rank: Light Sabre
    1/10/2013 | 1:28:50 PM
    re: Euronews: New Year Relief for Alcatel-Lucent
    Alcatel-Lucent Buys Optical Specialist
    http://www.lightreading.com/sw...
    Ray Le Maistre
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    Ray Le Maistre,
    User Rank: Light Sabre
    1/10/2013 | 1:27:45 PM
    re: Euronews: New Year Relief for Alcatel-Lucent
    OK, so I checked - and they did! They just didn't say anything about it....

    Alcatel-Lucent Buys Optical Specialist
    http://www.lightreading.com/sw...
    Ray Le Maistre
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    Ray Le Maistre,
    User Rank: Light Sabre
    1/9/2013 | 9:52:58 AM
    re: Euronews: New Year Relief for Alcatel-Lucent
    There's nothing to indicate anywhere that this has happened but I am checking into it. Tks.
    Balet
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    Balet,
    User Rank: Light Beer
    1/8/2013 | 10:37:17 PM
    re: Euronews: New Year Relief for Alcatel-Lucent
    Anyone is aware of Capella having been bought by Lucent, as mentioned on-áhttp://about.me/QN1-á?
    Ray Le Maistre
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    Ray Le Maistre,
    User Rank: Light Sabre
    1/8/2013 | 8:49:21 AM
    re: Euronews: New Year Relief for Alcatel-Lucent
    Dude, Where's My Avatar?
    http://www.lightreading.com/du...

    hopefully this will provide an answer, if not a solution.
    macster
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    macster,
    User Rank: Light Bulb
    1/7/2013 | 9:06:11 PM
    re: Euronews: New Year Relief for Alcatel-Lucent
    One person was bullish though :)

    P.S. What happened to my Rocky pic/avatar?
    Ray Le Maistre
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    Ray Le Maistre,
    User Rank: Light Sabre
    1/4/2013 | 11:40:53 AM
    re: Euronews: New Year Relief for Alcatel-Lucent
    I can't remember how many people I heard say in 2012 that ALU was looking like the next industry casualty and would follow Nortel into extinction... obviously it's not out of danger yet but there are increasing signs that it's stable enough to survive in the immediate future.

    But who knows what the coming months will bring -- could be new lifelines, could be fresh setbacks... the TiMetra acquisition now looks like the best bit of M&A of the past decade...-á
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