Alcatel-Lucent returns to profit inside 2011
PARIS – Telecommunications equipment maker Alcatel-Lucent ALU says years of cost-cutting helped it return to profit after everything else time, its foremost twelve-monthly get profit since its trans-Atlantic unification inside 2006. The Paris-based company reported a lattice profit of 1.1 billion euro $1.46 billion all the rage 2011, compared with a remaining loss of 334 million euro all the rage 2010. Sales to telecommunications net operators fell rancid sharply concluded the time when carriers restrict back costs amid the decline monetary outlook, especially happening Europe. The company forecast additional cost-cutting this time to further on the 3.