Fnench telecommunications company Alcatel Lucent said its commitment to India remains unchanged even as the French telecom infrastructure firm has announced plans to reduce its global headcount by 5,000. “India is an important research and development center and market for Alcatel-Lucent globally. Our commitment to building India’s broadband infrastructure remains unchanged.”
The firm in July this year had said it would exit or restructure non-profitable markets to save 1.25 billion euros by the end of 2013. The company had also announced a series of measures to reduce its costs after it reported a net loss of 254 million euros in Q3 2012. Its revenues during the quarter declined by 7.1 per cent at 3.5 billion euros compared to 3.8 billion euros a year ago. The company employs 10,000 people in India and manages half of fixed and CDMA wireless lines in the country.
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India is important R&D center and market: Alcatel Lucent
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