Alcatel-Lucent was formed because of the coming together of Alcatel (a small company in Mulhouse) and Lucent Technologies on December 1, 2006. It is a French telecommunications company, which operates globally. It was then headquartered in Boulogne-Billancourt, France. Currently, Nokia Corporation is controlling this company. Alcatel-Lucent is categorized as the first global provider of communication solutions with a complete bouquet of end-to-end solutions and services to cater to the needs of the customers. Both Alcatel and Lucent Technologies share a common lineage dating back to the year 1986.
The company operates on a Shift Plan prepared in the year 2013. This plan proposes to position Alcatel-Lucent as specialist in the IP networking, cloud and ultra-broadband access technologies. These technologies are going to be important for creating next generation networks. The company has invested 85% of its total research and development investment in the year 2015 in the above three technologies. Additionally, the shift plan also is likely to provide a fixed cost savings to the tune of Euro 1 billion, apart from generating asset sales of more than Euro 1 billion between 2013 and 2015. Also on the cards is a Euro 2 billion debt reprofiling between the years 2013 and 2015 with a future debt reduction to the tune of Euro 2 billion.