Alcatel-Lucent Has a Big Week

July 30th, 2010 by · 1 Comment

Alcatel-Lucent (NYSE:ALU, news, filings) has had quite a week, with a bevy of contract wins across a wide spectrum of products, and now a rather strong earnings report.  Revenues were €3.81B, or $4.98B, down 2.4% from last year but coming in ahead of expectations.  Net loss on the other hand was &euro$184M which was wider than expected, but shares of the company in Europe surged on the company’s outlook for a strong second half. 

Yesterday Alcatel-Lucent won an an important expansion of its relationship with AT&T (NYSE:T, news, filings).  They will be supplying both IP/MPLS/Ethernet/Evolved Packet Core equipment for the company’s backbone network and mobile backhaul equipment for the upcoming LTE buildout, into which a fair portion of AT&T’s capex over the next year or two will be going.

The AT&T contracts followed several other interesting announcements.  Two were over on the Iberian peninsula: one with Portugal Telecom for upgrades to its IP/MPLS network, and  another with TeleCable in Spain for its MiViewTV platform.  In France, Boygues Telecom selected their gear for mobile backhaul to increase 3G capacity.  And down under, they have teamed up with the University of Technology, Sydney to help train hundreds of graduates in next generation networking technologies – preparing for an Australia enabled by the NBN in a few years.

And finally, Isocore and Ixia (NASDAQ:XXIA, news, filings) tested and validated Alcatel-Lucent’s 7750 Service Router’s 100G capabilities, both in the core and in the metro.  The company’s 100G efforts and the High Leverage Network initiative as a whole should be a key driver for the company’s results over the next few years.

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Categories: Financials · Telecom Equipment

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