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Tuesday, September 21, 2010

Wall Street Journal


ALCATEL CHANGES ITS WAY OF THINKING
Ben Verwaayen, CEO of Alcatel-Lucent, believes his company has to take the more slimmed-down perspective of a start-up, while it maintains its image as a sophisticated, here-to-stay company. Specifically, Verwaayen is betting on LTE technology, and wants his company to be among the top three within LTE; Alcatel-Lucent is currently running 50 trials with telecom operators and has signed seven contracts, among them one with AT&T. Verwaayen rejects any merger rumors: “Those mega-deals result in mega-headaches,” grumbles the CEO.

NEW MS SOFTWARE TO LAUNCH ONLY ON GSM DEVICES
To begin with, Microsoft’s new operating system, Windows Phone 7, will only be compatible with GSM-based handsets, announced Greg Sullivan, senior product manager at Microsoft. 

BHARTI AIRTEL AND IBM STRIKE DEAL IN AFRICA
WSJ reports that IBM has signed a contract worth over USD1 billion to run Bharti Airtel’s IT operations in 16 African countries, consolidating the operations into a single system. IBM will also manage all of the telecom giant’s applications, run its data centers and take care of servers, storage and desktop services, the companies announced in a joint statement. 
VERIZON TO NAME PRESIDENT, COO
Verizon communications will announce Lowell McAdam as its new COO and President, according to people familiar with the matter, putting him next in line for the CEO position after Ivan Seidenberg. McAdam will report directly to Seidenberg and will be in charge of Verizon’s mobile and wire-line operations, reports WSJ.

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