Feeds

Alcatel Lucent goes black

Once you go red you sometimes go back, baby

Secure remote control for conventional and virtual desktops

Alcatel Lucent returned to profit in the second quarter on the back of cost-cutting and some market share gains in IP and optics.

Sales climbed a little more than 2 per cent to €3.9bn and operating profits were €108m compared to losses of €184m a year earlier.

CEO Ben Verwaayen, installed three years ago to revive the fortunes of the ailing vendor, said results for the year were "on track". The company is likely to offload its enterprise unit if it can find a buyer.

He said it had "realigned management"; last week Stephen Carter took over from EMEA boss from Adolfo Hernandez, who is heading up a new biz unit, Software, Services & Solutions, while other execs were handed duel roles or asked to leave.

"We have accelerated actions on fixed costs and reduced internal complexity," said Verwaayen.

IP sales jumped 35 per cent and optics edged up 6 per cent with latest next-gen kit "delivering market share gains" as customers spent on additional capacity and all-IP network upgrades, the CEO claimed.

The French-American outfit said adoption of 3G and 4G tech underpinned regeneration of the wireless division and in wireline, IPDSLAM and PON counterbalanced declines in legacy products.

The Applications unit reported a mid single-digit increase on the back of next-gen networks software and stabilising Enterprise apps, while Services revenues grew by single digits due to network and system integration and managed solutions.

Operating cash-flow was negative to the tune of €18m and net debt stood at €376m. ®

Boost IT visibility and business value

More from The Register

next story
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Premier League wants to PURGE ALL FOOTIE GIFs from social media
Not paying Murdoch? You're gonna get a right LEGALLING - thanks to automated software
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
XBOX One will learn to play media from USB and DLNA sources
Hang on? Aren't those file formats you hardly ever see outside torrents?
Class war! Wikipedia's workers revolt again
Bourgeois paper-shufflers have 'suspended democracy', sniff unpaid proles
'Aaaah FFS, 'amazeballs' has made it into the OXFORD DICTIONARY'
Plus: 'EE, how shocking, ANOTHER problem I face with your service'
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.