What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.
Thursday, February 11, 2010
Alcatel-Lucent Hit By China Slowdown
Alcatel-Lucent said that its revenues in the fourth quarter of 2009 were lower than it expected because of a significant slow-down in 3G roll-out in China, a sequential decline in North America after a strong third quarter and some "supply-chain issues". The Paris-based firm forecast that the telecommunications equipment and related services market should grow at a nominal rate (between 0% and 5%) in 2010. source: Alcatel-Lucent presentation