Alcatel-Lucent 'on Track' with Cost Cutting: CEO

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Telecoms equipment maker Alcatel-Lucent is betting on growth in the Asia-Pacific region as part of its plan to return to profitability after 12 consecutive quarters of losses. CEO Ben Verwaayen told CNBC “we’re on track” regarding bringing down the company’s overhead costs.

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Alcatel-Lucent 'on Track' with Cost Cutting: CEO

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