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Alcatel-Lucent CEO Ben Verwaayen stepping down

His resignation comes after four tumultuous years at the helm of the struggling network equipment maker.

By February 7, 2013


Alcatel-Lucent reportedly to reduce workforce by 10,000 jobs

The struggling network equipment maker will cut its workforce by about 14 percent in an effort to trim $1 billion in costs, European newspapers report.

By October 7, 2013


Telcos see future in the cloud

The world's largest telecom service providers and equipment suppliers want "smart" cloud-based networks, free of regulations, that offer services rather than "dumb" pipes for connectivity.

By February 28, 2012


Would an AT&T 'toll-free' data service stifle app innovation?

Mobile-app developers say a proposed AT&T plan that would allow some apps to pay for a 1-800-like service to provide consumers with free data access could hobble innovation.

By February 29, 2012


Report: Alcatel-Lucent taps new chairman, CEO

Former aerospace executive Philippe Camus, and Ben Verwaayen, former head of BT Group, will take top spots at the troubled company, The Wall Street Journal says.

By September 1, 2008


Google founders trump Gates in U.K. media elite

Larry Page and Sergie Brin join a newspaper's top 100 power list, while the Microsoft chairman slips off.

By July 12, 2004


HP, BT team up in services deal

The two companies announce a $1.5 billion outsourcing agreement and a strategic alliance that will provide integrated information technology and communications services to customers.

By May 4, 2004


BT chopping broadband prices

After weeks of rumor, British Telecom confirms it is slashing the price of wholesale broadband. But will the low prices allow it to sustain its high-speed Net access business?

By February 26, 2002


BT denies sell-off rumors

Reports that British Telecommunications may accept a multibillion-dollar bid for its entire fixed-line telephony network are strongly denied by the company.

By January 7, 2002


Lucent execs get pay hike, no bonus

In a dreadful year featuring steep losses and layoffs, company executives manage to come away with higher salaries compared with last year.

By December 28, 2001