Statement of Alcatel-Lucentís Board of directors
Recent reports in the news concerning a Board meeting at Alcatel-Lucent (Euronext Paris and NYSE: ALU) have led to mischaracterized interpretations and erroneous speculations.
While clearly disappointed in the most recent changes in the companyís outlook, the Board supports Pat Russo and the leadership team, and the efforts they are making to adapt the companyís plans in light of this yearís developments. The Board will review the plan to be developed by Management during the next scheduled Board meeting on October 30th prior to the release of our Q3 results.
The Board reiterated its confidence in the strategic direction taken with the merger of Alcatel-Lucent, the future potential of the company and said it will continue to work with the companyís leadership team to enhance value for shareholders, employees and customers worldwide.
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