Can a New CEO Save Alcatel-Lucent?

Alcatel-Lucent (NYSE: ALU  ) has announced that Michel Combes, former CEO of Vodafone Europe and former CFO of France Telecom, will be replacing outgoing CEO Ben Verwaayen and will take the helm as of April 1.

In the following video, Motley Fool tech and telecom analyst Andrew Tonner tells investors why this is a difficult time for Alcatel-Lucent as it struggles to make its turnaround story a reality. Also, while Combes will be a good fit -- with his long history in the industry and his reputation as a cost cutter -- Andrew thinks that the company itself still has a long uphill battle ahead of it in an industry with some very difficult dynamics.

More Great Advice from the Motley Fool

The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock it is in the brand-new free report: "The Motley Fool's Top Stock for 2013." Just click here to access the report and find out the name of this under-the-radar company.


Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2280474, ~/Articles/ArticleHandler.aspx, 12/20/2014 5:26:37 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Apple's next smart device (warning, it may shock you

Apple recently recruited a secret-development "dream team" to guarantee its newest smart device was kept hidden from the public for as long as possible. But the secret is out. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple's gadget possible. And its stock price has nearly unlimited room to run for early-in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!


Advertisement