Software from Alcatel-Lucent unit will be used in the telco’s FTTH network and OTT YouView venture
Solid earnings in Alcatel-Lucent’s (NYSE: ALU) IP and wireless segments and strong growth in North America helped to partially offset a decline in fixed access revenues for the second quarter of 2010, the operator reports. Alcatel-Lucent’s overall revenues were down 2.4 percent compared to last year, at EUR3.8 billion. However, CEO Ben Verwaayen maintained the [...]
Alcatel-Lucent (NYSE: ALU) may have had another tough quarter, but that’s not dampening the spirits of company CEO Ben Verwaayen who believes that service providers are going to start spending again to fulfill enterprise and consumer bandwidth demands. Verwaayen believes that an uptick in carrier spending will help it break its earnings slump. Since the [...]
Huawei may have found itself once again having to squash rumors that it is acquiring financially ailing Alcatel-Lucent (NYSE: ALU), but that doesn’t mean it’s not ruling out acquisitions altogether. Ken Hu, Huawei’s CMO, did reveal during the Reuters Global Technology Summit that the company will take will take “cross cultural” integration into consideration [...]