Alcatel-Lucent CEO Michel Combes is to reveal a new strategic plan for the loss-ridden supplier on Wednesday, Renée Schultes writes. That plan is expected to include more asset divestitures, but it may not be enough to turn the company around, she notes. "While Nokia Siemens Networks and Ericsson have experienced a kind of renaissance by focusing on fewer products, Alcatel-Lucent lacks scale in almost every business line, which limits the return it makes on investments in new technologies," Schultes writes. Meanwhile, Alcatel-Lucent will reportedly name Philippe Guillemot as its chief operating officer.

Related Summaries