31 Oct '13, 3pm

New Losses at Alcatel-Lucent Amid Rehaul

PARIS (AP) — Telecommunications equipment maker Alcatel-Lucent SA lost 200 million euros ($274,000) in the third quarter, including costs of restructuring efforts aimed at turning around the long-struggling company. It's the latest in a series of losses for the France-based company, and compares with losses of 316 million euros in the same quarter in 2012. Alcatel-Lucent in a statement Thursday attributed the latest loss to a financial charge and costs of restructuring, which includes thousands of job cuts, ending unprofitable contracts and focusing on newer technology. Sales in the quarter were 3.67 billion euros, up from last year's third quarter sales of 3.6 billion euros. The company reported a stronger contribution from broadband and other internet activities, offsetting shrinking activity in older technology. It said sales growth was driven by North America, while sa...

Full article: http://www.wirelessweek.com/news/2013/10/new-losses-alcat...

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Indonesia, US Deepen Defense Ties Amid Exercises and Arms Deals

Indonesia, US Deepen Defense Ties Amid Exercise...

defensenews.com 29 Oct '13, 2pm

JAKARTA — US and Indonesian military ties are growing as evidenced by US participation in the recent US-Indonesian joint-f...