Alcatel-Lucent aims for improved margins, end of turnaround

Telecom equipment maker Alcatel-Lucent pledged to lift profitability again this year through cost cuts after six straight quarters of gross margin improvements, and to list its submarine division in the second half. Chief Executive Michel Combes also expressed confidence on Friday that the company would achieve the central pledge of his turnaround plan which started in June 2013, namely to ...

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