26/04/2007

ALCATEL-LUCENT: IS THE MERGER WORKING?

As Alcatel Lucent's Asia-Pacific Vice President Frederic Rose visits New Zealand, the company signals May's results announcement will disappoint and that further results may also look grim.

Rose has some interesting comments on the local regulatory scene and the future of Telecom in this interview I did with him in the Herald.

The New York Times has an interesting story on the profit warning, suggesting the merger may be in trouble:

"Analysts said the results showed that the combination of Alcatel of Paris and Lucent of Murray Hill, N.J., was being dogged by overlapping product lines and weak demand for wireless telecommunications equipment in a fast-changing market."

Rose, for his part, seemed pretty happy with Asia Pacific's progress when I met with him earlier this week. It will be interesting to see if there's any breakdown of the regions in the results when they are published in May.

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