Boston, MA 11\/19\/2013 (wallstreetpr) – The France-based technology company\u00a0Alcatel Lucent SA (ADR) (NYSE:ALU) with a market cap of $9.15 billion has had a positive climb this year despite its numerous tribulations. The bears have been extracting the negative side of this French company and putting it to the fore, while totally disregarding numerous strengths. To begin with, in the past 12 months, the company\u2019s stock have increased more than 200% and this means that while ALU is till holding stock price at just around $4 a share, the positive rally that has pushed it up 200% is quite telling of the direction its taking in terms of growth.<\/p>\n
A total disregard has been given the manner in which\u00a0Alcatel Lucent SA (ADR) (NYSE:ALU) is restructuring to reduce its debt and expenses. It is in public domain that ALU has been seeking to cut its workforce count to help trim its operations cost. And this is paying off as the company has been able to ease a lot of pressure in its books. Lately, ALU has won several promising contracts for the supply of equipment and high-speed network roll out for a number of telecoms firms including Spain\u2019s Telefonica. ALU is deploying 8,000 4G based station for the Spanish mobile operator. Several other global tech companies have also been reaching out to ALU with contracts in efforts to help pull it out of the awkward situation that it has been facing for several years now. It has to be remembered that the French government has also been very supporting to ALU, considering the government\u2019s call on local tech companies to favor\u00a0Alcatel Lucent SA (ADR) (NYSE:ALU) when awarding contracts. Since that call came, things have never remained the same for ALU in terms of contracts from within and outside of France.<\/p>\n
In recent times,\u00a0Alcatel Lucent SA (ADR) (NYSE:ALU) has also been able to reduce its debt significantly. While ALU rebound may not happen today or even tomorrow, there is no doubt that the company has the potential to surprise the market with better than anticipated growth in its revenue and earnings in the coming fiscal years.<\/p>\n","protected":false},"excerpt":{"rendered":"
Boston, MA 11\/19\/2013 (wallstreetpr) – The France-based technology company\u00a0Alcatel Lucent SA (ADR) (NYSE:ALU) with a market cap of $9.15 billion has had a positive climb […]<\/p>\n","protected":false},"author":9,"featured_media":12594,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[3309,3003,324,680],"stock_ticker":[],"class_list":["post-12593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-alcatel-lucent-sa-adr","tag-alcatel-lucent-sa-adr-nysealu","tag-alu","tag-nysealu","entry"],"acf":[],"yoast_head":"\n