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New Alcatel-Lucent chief Ben Verwaayen faces a difficult job Friday as he tries to convince shareholders he can turn around the troubled French-U.S. telecommunications equipment maker the way he did BT Group PLC. Verwaayen, credited with transforming the British telecoms company into a broadband Internet powerhouse, will be expected to pull off similar results at Alcatel-Lucent SA, a company still beset by integration problems two years after its creation in a giant trans-Atlantic merger, analysts say. Better integration of the company’s two halves, a robust response to Asian challengers, and a clear strategy to cut costs are all elements of the plan that analysts hope to see detailed at the special meeting Friday, a little over three months since Verwaayen took over from departed CEO Patricia Russo. “What I’d like to see is how Alcatel-Lucent is going to better integrate its businesses,” especially its long-suffering North American operations, said Julian Watson, an industry analyst at London-based research firm IHS Global Insight. Analysts agree the main problem facing Verwaayen is Alcatel-Lucent’s wireless business. Its main difficulty in North America has been the sharp slowdown in sales of a wireless technology known as CDMA. That technology was a money spinner for Lucent in North America but in recent years has lost the battle of standards to the European-developed GSM technology. This led the company to slash its sales outlook and take a EU810 million charge in its second quarter accounts. Asian competitors such as Shenzhen, China-based ZTE Corp. and another Chinese company, Huawei Technologies Co., have grown in strength and are increasingly proving fierce rivals for Alcatel-Lucent and other European equipment giants like LM Ericsson AB and Nokia Siemens Networks. “Asian competitors are pressing in at all levels,” Ovum RHK analyst Julien Grivolas said. “Especially in mobile, over the last two years there’s been very strong pressure from Asian equipment…
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