Alcatel: Supply shortage won't crimp 2010 goals

07/30/2010 | Bloomberg · Wall Street Journal, The

Alcatel-Lucent reported an operating profit today that reverses a loss from a year earlier and predicted it would meet 2010 targets despite supply shortages that have affected the entire wireless market. "It's not over yet. The issue is still there but we have a better way of handling it. It's an industrywide, global problem that won't be resolved over the next three months though," said Chief Executive Officer Ben Verwaayen.

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Bloomberg · Wall Street Journal, The

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