Travelusacc Discussion Threads

[waldron] 27/9/2003 21:08

Alcatel Cambodia

[maywillow] 26/9/2003 10:49

PARIS (AFX) - Alcatel said it has won a 19 mln eur order from the CNES
French national space agency, to provide ground operations and services at the
Toulouse Space Center.
Alcatel will also take charge of routine operations at the agency's Network
Operations Center, and operating and maintenance services at ground stations in
Aussaguel and other CNES sites.
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[ariane] 20/9/2003 05:51

Alcatel. A SELL to 6 euros?

[maywillow] 17/9/2003 23:34

PARIS (AFX) - Alcatel SA said it has signed an agreement with South Korea's
SK Telecom for the joint development and marketing of advance mobile telephone
applications worldwide.
Financial details of the venture were not disclosed.
"Both partners will develop and market together a wide range of integrated
mobile applications, such as mobile commerce, location-based services,
infotainment and gaming," Alcatel said.
Alcatel will be responsible for selling the new applications to wireless
service operators.
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js/jsa

[maywillow] 08/9/2003 18:05

PARIS (AFX) - Alcatel SA chairman Serge Tchuruk said "various mergers" in
the space sector "may be expected", in a message forum on the French Boursorama
internet site.
He said such transactions would allow companies to "share development
costs", and noted that Alcatel's Alcatel Space unit would be called upon to play
a "key role".
Tchuruk also said Alcatel will continue to invest in research and
development in the ADSL sector.
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aa/sr/kl

[waldron] 02/9/2003 15:08

PARIS (AFX) - Alcatel chief executive officer Serge Tchuruk said
consolidation within the telecommunications equipment industry is likely, but he
said Alcatel has no need to find partners.
"I am pretty much convinced that consolidation will take place," Tchuruk
said, speaking at an investment conference here.
"Mergers and acquisitions happen when they are not expected. They do not
happen during the deepest moments of crisis, but at the moment when there is a
point of inflexion (in the market)," he said.
Tchuruk said Alcatel did not lack sufficient size, since the company's
products are leaders in their markets.
Concerning the outlook for the telecom equipment industry, he said Alcatel
has doubled its marketing efforts and has seen a recovery in client interest not
seen for several years, but he would not make any growth forecasts for the
sector.
"The cash flow of telecom operators is good. The worry of clients to raise
revenues is a new element. There will be growth in volumes, but pricing pressure
remains strong," he explained.
Earlier, Tchuruk reiterated the company expects to return to an operating
profit for 2003, and that it expects net debt levels to remain stable at
end-December from a year earlier.
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afp/js/kl

[waldron] 02/9/2003 12:23

PARIS (AFX) - Alcatel chief executive officer Serge Tchuruk said he is
comfortable with the company's current cashflow level and believes a rerating of
its credit ratings is underway.
Orders are set to increase as the cashflow position of Alcatel's client base
is "flourishing", but the company remains prudent over the timing of the
economic upturn, Tchuruk told an investment conference here.
"It is clear that orders volume will rise, but strong pressure on pricing
remains," he said.
He declined to disclose more specific numbers, or give further details about
the expected credit rerating.
Standard & Poor's last month upgraded its outlook on the telecommunications
equipment maker to stable from negative, and affirmed its B+/B corporate credit
ratings and its B+ senior unsecured debt ratings.
Tchuruk reiterated the company expects to return to profit at operating
level in the full year 2003, and that it expects net debt levels to remain
stable at end-December from a year earlier.
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mrg/lwl/jms

[waldron] 28/8/2003 18:44

3g China/Alcatel

[waldron] 22/8/2003 21:42

Internet Security

[waldron] 22/8/2003 21:19

PARIS (AFX) - Alcatel said it has won a contract from Vodafone Group PLC to
build a submarine optical network cable link between the Vodafone Malta network
and Sicily.
Financial terms of the deal were not disclosed. Alcatel will provide a 250
kilometer undersea fiber optics network cable with an initial capacity of 2.5
Gbits/second, with a potential upgrade capacity of 1Tbit/second.
The network cable is expected to be operational from summer 2004.
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js/jsa

[grupo guitarlumber] 11/8/2003 15:02

LONDON (AFX) - Standard & Poor's Ratings Services said today it revised its
outlook on French telecommunications equipment maker Alcatel to stable from
negative following publication by the company of its second-quarter results.
It affirmed its 'B+/B' corporate credit ratings and its 'B+' senior
unsecured debt ratings on Alcatel.
At the end of July, Alcatel reported it swung to a second quarter operating
profit of 21 mln eur, compared with a loss of 126 mln a year earlier, and
forecast that it would return to an operating profit for the full year on the
basis of a constant dollar exchange rate.
Alcatel also said its second quarter net loss narrowed to 675 mln eur,
compared with a net loss of 1.438 bln eur a year earlier.
S&P said in its statement today: "Alcatel's ongoing restructuring program is
mitigating the severe market contraction affecting the global telecoms equipment
industry and offsets any short-term liquidity risk."
In the face of continuing challenging market conditions, Alcatel has managed
to reduce materially its cost base, it said.
With slower rates of sales decline expected in the second half of 2003 and
continuation of its rigorous cost-cutting program, Alcatel should be in a
position to become profitable for the full year 2003, before restructuring
costs, and to continue reducing negative free operating cash flow.
The ratings on Alcatel are also supported by its position as one of the
leading global manufacturers of telecoms equipment, its established relationship
with major telephone operators, and substantial exposure to nontelecoms
operations, S&P added.
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lam

[waldron] 30/7/2003 08:58

PARIS (AFX) - Market data at 10.10 am:

Major indices:
CAC-40 up 22.38 points at 3,164.77
SBF-80 up 1.84 at 2,904.95
SBF-120 up 13.32 at 2,244.80

Volume: 787 mln eur
29 CAC-40 stocks up
11 CAC-40 stocks down

Major gainers:
-Alcatel, up 0.38 eur or 4.6 pct at 8.67 eur, on broker upgrades after
company yesterday swung to an operating profit of 21 mln eur in the second
quarter, compared with a loss of 126 mln a year earlier
-Axa, up 0.18 eur or 1.2 pct at 14.96 eur, recovering from yesterday's
losses in the wake of weaker-than-expected second-quarter sales
-EADS, up 0.23 or 1.7 pct at 13.56 eur. The company said earlier this week
it is still confident its troubled space division will reach breakeven in 2004
after reporting an in-line first half loss

Major losers:
-Vivendi Universal, down 0.25 eur or 1.5 pct at 15.88 eur, after
Metro-Goldwyn-Mayer overnight withdrew its 11.5 bln usd offer for Vivendi
Universal Entertainment (VUE), saying the asking price for the business was too
high
-Michelin, down 0.21 eur at 32.57 eur, after the company yesterday warned
about plans to include a 300 mln eur provision in its second half results to
cover the recent acquisition of the European activities of Danish distribution
group Viborg

Most active stocks:
-Alcatel, up 0.38 eur at 8.67, on volume of 81.7 mln eur
-STMicroelectronics, up 0.21 eur at 19.01, on 51.2 mln eur
-Total, up 0.40 at 129.50, on 49.24 mln eur

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lwl/jcm

[waldron] 29/7/2003 07:07

PARIS (AFX) - Alcatel second quarter to June:
Sales - 3.149 bln eur vs 4.234 bln
Operating profit - 21 mln eur vs loss 126 mln
Net loss - 675 mln eur vs loss 1.438 bln
Loss per share diluted - 0.56 eur vs 1.21

Analysts had predicted an operating loss of 13-72 mln eur.
The company said year-earlier figures were restated to reflect the
divestment of the Optronics division.
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mrg/jms

[waldron] 29/7/2003 07:03

PARIS (AFX) - Alcatel said it made a net loss of 675 mln eur over the first
quarter, pulled down by heavy restructuring costs, but narrowing from a loss of
1.438 bln last time.
Alcatel said it is "comfortable" with its full-year targets.
It said year-earlier results were restated to reflect the divestment of the
Optronics division.
The company said it will maintain its "severe" restructuring rhythm
throughout the second half, aiming at a "streamlined company with minimum
capital employed in operations".
Looking ahead, Alcatel said market conditions remain difficult and that it
expects third quarter sales to come in flat from the year-earlier period, with a
slight improvement in operating profit reflecting its lower cost base.
Over the second quarter, Alcatel posted an operating profit of 21 mln eur,
compared to a loss of 126 mln a year earlier.
Analysts had predicted an operating loss of 13-72 mln eur.
mrg/cmr
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