Feeds

Alcatel predicts increase in mobile, Net sales

Weak telco demand offset by ADSL and mobile growth

  • alert
  • submit to reddit

Intelligent flash storage arrays

Alcatel has forecast a slowdown in demand from service providers for networking equipment that will result in a slowdown of its growth this year.

Announcing its annual results, Alcatel said that sales in its main telecoms business will rise by between 20 to 25 per cent this year, slightly down on an earlier forecast of 25 per cent growth. Consolidation and reorganisation in the US telecoms market has resulted in a slow-down of demand for the high-end networking Alcatel supplies, but with half its sales in Europe it is less exposed to this effect than firms like Lucent. Lucent is slashing 16,000 jobs as part of its plan to return to profitability.

Offsetting weakness in the telco equipment sector, Bloomberg reports that Alcatel forecasts a doubling in sales of ADSL equipment and an increase in sales of mobile phones to 25 million units this year, up 25 per cent on last year.

Alcatel reported its fourth-quarter profits of 426 million Euros ($395 million), up 26 per cent on the same quarter last year, on sales of 9.69 billion Euros ($9 billion). Full year profits were 1.324 billion Euros ($1.23 billion) on sales of 31.408 billion Euros ($29.09 billion), up 36 per cent on figures for 1999. ®

Related Stories

Lucent unveils IP strategy targeted at telcos
Lucent to restate sales and cut 10,000 jobs

Choosing a cloud hosting partner with confidence

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Lawyers mobilise angry mob against Apple over alleged 2011 Macbook Pro crapness
We suffered 'random bouts of graphical distortion' - fanbois
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Verizon bankrolls tech news site, bans tech's biggest stories
No agenda here. Just don't ever mention Net neutrality or spying, ok?
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.
Mitigating web security risk with SSL certificates
Web-based systems are essential tools for running business processes and delivering services to customers.