Alcatel-Lucent ALU, Trading Down 27% at End of the Day
Alcatel-Lucent ALU
Back in June, struggling Alcatel-Lucent presented a compelling contrarian investment opportunity. Indeed, investors who bought some already have something to cheer about - the Paris-based telecom equipment maker's shares are up 40 % since the previous article. The good news is that the gains don't end there.
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Alcatel-Lucent offers products that enable service providers, enterprises, and governments worldwide to deliver voice, data, and video communication services to end-users. The company operates in four segments: Carrier Product Group, Enterprise Product Group, Services Group, and Applications Software Group. The Carrier Product Group offers Internet protocol (IP) routers and switches; IP-based fixed access products that support fiber and digital subscriber line; and mobile access products, including GSM, WiMAX, W-CDMA, TD-SCDMA, and CDMA. This segment also designs and markets equipment to transport information over fiber optic connections for long distances over land and undersea, as well as for short distances in metropolitan and regional areas. In addition, it offers core networking products, ranging from switching systems to IP multimedia subsystems. Further, this segment offers multi-vendor maintenance services.
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