July 29, 2008 - Tchuruk, Russo to step down at Alcatel-Lucent

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July 29, 2008 Sign up Forward Archive Advertise Read more at SmartBrief.com News for telecom industry leaders       News of the Day    Tchuruk, Russo to step down at Alcatel-Lucent The sixth straight quarterly loss and a series of profit warnings were finally too much for Alcatel-Lucent as Chairman Serge Tchuruk and CEO Patricia Russo announced plans to relinquish their posts amid a larger management overhaul aimed at getting the telecoms-equipment maker back on track. The pair, who orchestrated Alcatel's takeover of Lucent Technologies two years ago, will leave within months as Russo will remain until the board hires a new CEO, but not beyond year's end, the company said. ClipSyndicate/Bloomberg (7/29) , Financial Times (7/29) , The Washington Post/Associated Press (7/29)   Report IDs Top Communications Technology Industry Performers Two communications technology companies have consistently posted positive financial results, even as the industry has struggled with commoditization and shrinking prices. Who are they and how do they do it? Read Accenture's latest report, Achieving High Performance in the Communications Technology Industry, to find out. Download the report.   ADVERTISEMENT   Business & Industry Watch  BT buys Ribbit BT Group has pushed into the Web 2.0 realm with its purchase of Ribbit. The $105 million deal will, according to BT, create a "next-generation, platform-based, software-driven services company." Light Reading (7/29) Bell Canada looks to be more competitive, announces layoffs To cut costs ahead of its $35 billion sale to a private-equity firm, Bell Canada will cut 6% of its work force in a move that will eliminate 30% of its executive jobs, the Canadian telecom said. President and CEO George Cope said the cuts, which would save about $294 million, were "beyond money" in its aim to trim the company's hierarchy and make it more competitive. International Herald Tribune/Associated Press (7/28) China Telecom, Unicom finalize landmark deal China Telecom has completed its purchase of China Unicom's CDMA mobile business in one element of a restructuring of the country's telecom industry. China Telecom is eyeing February 2009 as the commercial launch date of its mobile business. Forbes/Thomson Financial News (7/28) , Financial Times (7/28) EarthLink customer losses slow compared with 2007 EarthLink's broadband-customer numbers dipped 38,000 in the second quarter, but according to this analysis, the loss may be signs of a turnaround for the ISP, which lost 757,000 broadband subscribers in the same quarter a year earlier. OneTRAK (7/29) Lawmakers seek data on subsidies The House Oversight Committee has formally asked 24 telecom companies to detail how they spend government subsidies in hard-to-reach areas that are expensive to reach. CNNMoney.com/Dow Jones Newswires (7/28)   Video Upload    Vodafone expands video offerings Vodafone has inked a deal to bring MGM Networks' MGM Channel to its 3G Vodafone Live! network. The German-language channel's content lineup includes select theatricals from MGM. Variety (7/28) Opera Software joins IPTV group Opera Software has become a member of the Open IPTV Forum, which has an aim of developing end-to-end open specifications for IPTV services. ipTVnews (7/29) LightGAIN is Optelian's complete DWDM, CWDM and hybrid solution, supporting 1 to 40 wavelengths of 10Mbps to 10Gbps traffic, SNMP managed and path protected. SFP and XFP transponders, tunable optics, and in-house manufacturing provide customers with short lead times, low cost, and customized solutions to fit their exact requirements. The Buzz(CORPORATE ANNOUNCEMENTS) Yankee Group Report on Router Virtualization from Juniper Networks The Juniper Networks JCS 1200 is the industry's first high-performance Control Plane Scaling Platform that enables you to maximize service growth, operational efficiency, and control. Learn more and download your free Yankee Group report on router virtualization>> Interested in learning more about advertising in the USTelecom dailyLead? Contact Amy Abbey at 202-737-5500 ext 250 or aabbey@smartbrief.com.   Technology Trends  City vote kills FTTP plan in Minnesota A unanimous vote by Hibbing, Minn., council members against contributing $15,000 to a multicity fiber-to-the-premises plan that would have delivered fiber to homes and businesses sparked a consortium behind the project to disband. "The current business model isn't viable without Hibbing. They were 40% of the population base of the project footprint," said Gary Fields, a consultant on the project. Telephony Online (7/28) Tru2way gets a pair of new early adopters TV manufacturers LG Electronics, a longtime supporter of CableLabs' software and technologies, and Funai Electric have announced that they have signed a tru2way memo of understanding, in effect officially adopting the two-way, digital-cable body of specifications. Some of the other firms that are already on board with the memo of understanding include Sony, Samsung and Panasonic. Broadcasting & Cable (7/28) , Light Reading (7/28) , TWICE (7/28)   IP Download  AT&T details wireless file-sharing policy AT&T told an FCC official Friday that it forbids its wireless cell phone customers from using file-sharing applications, adding that it would ban any user caught downloading from such sites. An AT&T executive said the excessive traffic P2P sites generate put undue strains on its network and constituted a violation of its terms of service. Multichannel News (7/28) Analyst: NBC not scaling Olympic heights with Web plans Although NBC is planning about 5,000 hours of live and on-demand Web video from the Olympics, the broadcaster is not fully exploiting the medium's interactivity by allowing the sharing of official clips, according to JupiterResearch analyst Emily Riley. "They are being really a Web 1.0 company in a lot of ways," Riley said. "They're not leveraging Hulu for example." ClickZ (7/29)   LeadQuote  Never tell people how to do things. Tell them what to do and they will surprise you with their ingenuity." --George S. Patton Jr., World War II general       This dailyLead was created for webmaster@freeraovat.com Subscriber Tools       Update account information | Change e-mail address | Unsubscribe | Print friendly format | Web version | Search past news | Archive | Privacy policy Advertise Sales Account Director:  Amy Abbey (202) 737-5500 x250 Download Media Kit   Read more at dailyLead.com A powerful Web site for dailyLead readers including: Breaking News Industry Home Competitor News Readers' Choice Press Releases Search Archive       Recent USTelecom dailyLead Issues: Monday, July 28, 2008 Friday, July 25, 2008 Thursday, July 24, 2008 Wednesday, July 23, 2008 Tuesday, July 22, 2008     Lead Editor:  Susan Rush       Mailing Address: SmartBrief, Inc.®, 1100 H ST NW, Suite 1000, Washington, DC 20005     © 1999-2008 SmartBrief, Inc.® Legal Information