Telecoms networks supplier Alcatel-Lucent reported 10.5% year-on-year growth in revenues to 4.07 billion euros in the third quarter of 2010, fuelled by a 24% increase in sales of wireless equipment to 1.07 billion euros and favourable currency movements. Services revenue climbed 9% to 948 million euros.
In local currencies, revenue climbed 11% year-on-year in North America, 7% in Asia and was flat in Europe. Alcatel-Lucent said its sales of WCDMA equipment rose 33% year-on-year and claimed its share of the wireless networks market rose to 16.2% in the second quarter from 13.6% in the second quarter of 2009. It said it has seven contracts to supply LTE equipment. source: Alcatel-Lucent presentation.