Features

Features

By Joachim Fleury, Head of international law firm Clifford Chance’s TMT sector group

Legal risk is a concern for any good business, particularly those in the telecoms sector. Our recent survey, published in conjunction with the Economist Intelligence Unit, found that 91% of TMT board members expect legal and regulatory risk to stay the same or increase over the next two years. This percentage is the highest we have found of any sector, including mining, healthcare, finance, retail and oil & gas. 

Alcatel-Lucent, Michel Combes

Eighteen months into his three-year Shift Plan, Alcatel-Lucent CEO Michel Combes says the vendor is on target to turn cash-flow positive next year – a feat not achieved since 2006 – and that the company has re-positioned from generalist to specialist, focusing on IP networking, ultra-broadband access and cloud-based technologies.

    

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