Alcatel-Lucent (French pronunciation: [alkatɛl lysɛnt]) is a French global mobile phone manufacturer and telecommunications equipment company, headquartered in the 7th arrondissement of Paris, France. The company focuses on fixed, mobile, and converged networking hardware, IP technologies, software, and services. It holds Bell Labs, one of the largest innovation and R&D houses in the communications industry. Bell Labs employees have been awarded 7 Nobel Prizes and the company holds over 29,000 patents. Alcatel-Lucent has operations in more than 130 countries. In 2012 it was ranked technology supersector leader in the Dow Jones Sustainability Index.
The company is under the leadership of Chief Executive Officer Michel Combes and the non-executive Chairman of the Board is Philippe Camus. Camus joined the company in the third quarter of 2008, alongside Ben Verwaayen as CEO, after Alcatel-Lucent's first CEO Patricia Russo and first Chairman Serge Tchuruk resigned. For 2010, the company posted revenues of €15.996 billion and a reported net loss of €334 million. For 2011, the company posted revenues of €15.068 billion and a reported profit of €1.095 billion. For 2012, the company posted revenues of €14.446 billion and a reported loss of €1.374 billion. After 7 consecutive years of negative cash flows, in October 2013 the company announced plans to slash 10,000 employees, or 14 percent of the total current 72,000 workforce, as a part of a €1 billion cost reduction effort.