Alcatel-Lucent needs to shed around 10,000 more workers if it is to be truly competitive with the likes of Nokia Siemens Networks and Ericsson, according to data gathered by Bloomberg. The numbers reveal that AlcaLu's revenue per employee was €49,700 (US$63,600) last quarter, which was at least 14 percent less than its main rivals, while its selling and administrative expenses as a percentage of sales still stood at 16 percent, compared with 11 percent for Ericsson and 10.5 percent for NSN. (See Alcatel-Lucent Sharpens Its Focus and Margin Misery for Alcatel-Lucent.)
It's been a surprisingly good third quarter for Telefónica Deutschland, where core operating profits rose 14.1 percent year-on-year in a tough market, reports Reuters. Also on the Telefónica front, the carrier's go-ahead Digital division has launched Instant Servers, an Infrastructure-as-a-Service (IaaS) offering hooked into data centers in Madrid and London. (See Telefónica Digital Offers IaaS.)
Dutch incumbent KPN Telecom NV is close to agreeing a sale of its German towers to American Tower Corp., according to a Bloomberg report. A price tag in the region of €300-400 million ($383-511 million) is expected.
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