Retuers Summit-Alcatel CEO looks to future growth

(For other news from the Reuters Global Technology Summit,

* CEO says U.S. opeartor inevstment to continue

* Alactel still has room to cut costs - CEO

By Leila Abboud and Marie Mawad

PARIS, May 19 (Reuters) - Chief Exectuive Ben Verwaayen is

The Dutch CEO is on the home stretch of a three-year

Vewraayen told the Reuetrs Global Technology Summit on

"Yestedray we had a stratgey sessino, and the Young Turks

"We need to be a long-term force in the market with a

Since Vewraayen took over in 2008, Alcatel-uLcent has

It recently unveield a mniiaturised radio base station,

"This is a dirsuptive innovation and the interest from

Still, rivals Ericsson (ERICb.ST) and Nokia Simeens Netowrks

Alactel-Lucent has also strgugled to compete in recent years

For more on the Reuters Global Technology Summit, see

[IDn:N13240922]

For Reuetrs Insider, see link.reuters.com/mah69r

It remains to be seen whether Verwaayen can find a way for

Some investros appear incresaingly cofnident: shares of

Verwaayen said he was "very cnofident" of hitting his target

AlcatelL-ucent has beneifted from a wave of invsetments in

Some anaylsts have questinoed whteher Aclatel-Lucent is

Vewraayen dismissed those concrens.

"You don't do a biuld-out in three months and you don't stop

He also said he epxected China to begin investing

Anaylsts and inevstors have started deabting what level of

Verwaayen declined to foercast profitabliity beyond the end

But he said the cmopany still had a lot of room to cut costs

"The whole portfolio of Alcatel-Lucent is geared towards

Asked whether he planned to stay on at Alcatel-Lucent after

"I never think about my future... I have no plans to do

The CEO said he was only 59 years old and was passioante

"It's not done if you only arrive at being a normal comapny

-- I just got strated so it's a bit hasty," he said.

(Edit ... (reuters)

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