Alcatel Aussie in Paris

Alcatel’s choice of an Aussie as heir apparent will hardly put investors at ease. The French telecom equipment maker has chosen Mike Quigley, current head of fixed line and North American operations, as its new chief operating officer. But his appointment raises more questions than it would answer. There’s no question that Quigley is a respected manager. He has done a solid job in building Alcatel’s valuable broadband business and pulling in some huge contracts such as the group’s $1.7bn deal wi...