Saturday, August 15, 2009

Alcatel-Lucent Sees Double-Digit Decline

Alcatel-Lucent said at the end of July that its revenues in the second quarter of 2009 fell almost 11% year-on-year at constant currency exchange rates to 3.9 billion euros.

Ben Verwaayen, CEO, commented: “Looking forward, market conditions remain difficult and operators continue to be selective about their investments. We reiterate our view that our addressable market should be down between 8% and 12% at constant currency in 2009." source: Alcatel-Lucent statement

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