It’s the company's eighth losing quarter in a row, but investors see signs of life in the troubled company.
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Paris-based company says it will trim 1,000 managers, 5,000 contractors, and cut costs related to its massive legacy business.
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New CEO Ben Verwaayen continues to assemble his management team as the company tries to rebound financially in a battered market.
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It was not the message of change many expected, but new CEO Ben Verwaayen offers his initial road map for the company’s rebound.
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With a recession looming, analysts expect a clear, credible plan from Ben Verwaayen to return the telecom gear maker to profitability.
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French telecommunications company names former BT head and Phillipe Camus to replace outgoing CEO and chairman.
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Ben Verwaayen, who guided BT from a slow-footed monopoly to a global telecommunications player, could be headed to the venture capital world.
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Is U.K. telecom juggernaut about to buy or partner with an American mobile operator?
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Carrier’s ‘new-wave’ revenue grows; Suse Linux founder bolts Novell; U.S. minding Peru’s business.
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With AT&T, MCI, and Sprint in disarray, BT beefs up its presence in the U.S. and tries to win over concerned business customers.
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A breakup would hurt competitors and U.K., says BT chief; snubbed giant SMIC hits back at U.S.; tech won’t cure U.S. health care; don’t mess with Texas R&D.
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