Description: Alcatel Lucent, which has struggled in the wake of its 2006 merger, said Thursday that it had reached a “turning point” after clinching $5.7 billion in deals to build high-speed wireless networks and supply other gear for the biggest mobile operators in the United States and China.

Source:  NYTimes.com

Date: 11/04/2010

Link: http://www.nytimes.com/2010/11/05/technology/05alcatel.html?src=me&ref=technology

Questions for discussion:

• Summarize the key reasons given for the firm’s optimism.
• Do you agree that the firm has reached a “turning point” in operations?
• What is the one key reason for your assessment?
• What does this report suggest about the restructuring process in this industry?
• Would you be a buyer of this firm or any others in this industry?