19 June, 2010

Alcatel-Lucent shortlists India as global services hub

Franco-American telecom equipment vendor Alcatel-Lucent has shortlisted India as the new location for its global services headquarters, which will entail an investment of USD 500 million over the next three years, company CEO Ben Verwaayen said.

The company already has over 12,000 people in India. The decision on the centre, which could take "weeks and months", would offer services and software solutions to its clients and also applications for phones, he said. Currently such activities of the Paris-based company are scattered across the US, China and France and Alcatel Lucent wants to make a single location for this, he said.

"We will grow in the IP (Internet Protocol) segment, where we have strength. The growth driver for us are the changes happening in the market, which are more related to data and the drive for services. Managed services is an important part, so is systems integration".
The 15.2 billion euro company is expecting a revival in economic activity to tick off demand for telecom equipment orders. Last month, Alcatel Lucent posted a huge net loss for the first quarter of 2010.