Global HQ: Paris, France Website: www.alcatel-lucent.com
Global leader: Ben Verwaayen, CEO
Local leader: Sean Dolan, president, Asia-Pacific region and China
Core activity: Telecommunications and network equipment
Revenue: €17 billion (US$25 billion) (FY08 ended December 31)
Key customers: Telecom, AAPT, Kordia, Telstra, US federal government
While losses deepen as sales drop, sales of business applications software shows strong growth for lcatel-Lucent. The company saw third-quarter losses increase and sales drop compared to the same period last year, but still expects to break even for the full year.
It expects the market for its products to shrink by between 8 percent and 12 percent this year, assuming constant exchange rates. But there are some sunnier aspects of the report – service revenue grew 2.5 percent to €869 million, and revenue from applications software – which includes everything from interactive IPTV solutions to ubscriber data management – grew 20 percent to €286 million.
Part of the company’s planned turnaround is the rollout of next-generation mobile broadband networks based on Long-Term Evolution.
Alcatel-Lucent recently won a major contract to provide operations and business support systems for Singapore’s national broadband network (NBN), and is a contender for Australia’s US$37.5 billion NBN. Rachael Bolton and Mikael Ricknäs, IDG News Service
Join the CIO New Zealand group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.