Now seems to be the optimal time because this combination gives both companies a time-to-market advantage in a market that is changing quickly.
More Quotes from Serge Tchuruk:
In the last few days, I have had discussions with the French public authorities. They told me 'It's your business and that of your administrative board'. I did not feel any reticence. Quite the contrary.Serge Tchuruk
We have some very positive points at Alcatel, such as in fast Internet access and optical gear, ... I keep hearing that the European market is going to slow down in telecom and the like and, frankly, I don't believe it.
Serge Tchuruk
Five years ago, we went a very long way to get this done and discussion broke in the last minutes.
Serge Tchuruk
The telecommunications carriers are going to use every trick, every gimmick, to delay investment,
Serge Tchuruk
In the midst of a severe telecom industry re-set that is leaving no participant unscathed, Alcatel has thus far been able to maintain revenue growth and deliver positive income from operations,
Serge Tchuruk
In uncertain markets, Alcatel's success will hinge on operating flexibility... considerable streamlining is underway at Alcatel to improve flexibility and realign its internal cost structure to the current business slowdown,
Serge Tchuruk
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