European Communications

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Alcatel-Lucent CEO quits as firm makes €1.4 billion loss

The CEO of Alcatel-Lucent has announced he is stepping down as the company revealed an annual loss on slumping demand from Europe and China.

FT-Orange and A-L unveil 'milestone' optical link

The first ever optical link offering a capacity of 400 Gigabits per second (Gbps) per wavelength, as part of a live network, has been deployed in France by Alcatel-Lucent and France Telecom-Orange.

Installed between Paris and Lyon,

A-L secures NZ and Korea network deals

Alcatel-Lucent (A-L) has struck new international network agreements in New Zealand and South Korea.

Virgin Media confirms potential sale talks with US cableco

Virgin Media has confirmed it is in discussions with US-based cableco Liberty Global “concerning a possible transaction”.

KPN announces €4 billion rights issue to prop up ailing business

KPN has announced a €4 billion rights issue after seeing sales and profits fall in 2012.

Portugal Telecom and Powa sign m-payments partnership deal

Portugal Telecom is to bring m-payment services to small businesses after signing a deal with online merchandising specialist Powa.

Ericsson pleased with a profitable 2012

Ericsson recorded a promising end of year financial report as it was thankful to the US and Africa for growth.

TeliaSonera CEO quits after Uzbekistan review

Lars Nyberg, the president and CEO of TeliaSonera, has decided to step down from his position at the operator, following a review of allegations surrounding the company's dealings in Uzbekistan six years ago.

BT sees profits jump amid falling revenues

BT managed to lift its profits by seven percent in the final quarter of last year, despite reporting a drop in its revenues.