Alcatel-Lucent could disappear

The CEO told Europe 1 radio that: “This company could disappear”. And after six restructuring plans, that is actually something very real. Michael Combs told the parliament's economic affairs committee: "I don't plan on there being a 7th" restructuring plan,” saying that he is convinced that the plan at hand is coherent and addresses the problems of the company, according to a Reuters report. Alcatel is also looking for potential buyers of certain sites and has initiated discussions regarding a potential acquisition of the Toulouse facility.