Alcatel-Lucent Cuts Losses 80% as Turnaround Plan Gains Traction - Presented by: The Aol. On Network

Alcatel-Lucent's turnaround plans are finally taking root after the company narrowed first-quarter losses 80% from a year earlier. The French network equipment maker reported quarterly net losses of 73 million Euros, narrowed by the company's moves to slash overheads and unload unprofitable parts of the business.



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