Alcatel-Lucent CEO, Michel Combes, again scotched rumours suggesting a merger with Nokia's Networks business is on the cards, during calls to discuss the company's first-quarter earnings.
Alcatel-Lucent and Nokia Nokia both referenced impacts on their businesses from component shortages during 2014's first quarter.
Alcatel-Lucent reported that its first-quarter core networking revenue rose 6.9 percent to $1.8 billion due to strong IP routing and transport equipment results.
Alcatel-Lucent sharply cut its losses in the first quarter and its adjusted operating income beat analyst expectations, but sales dipped year-over-year in the United States, its largest market by far.
Underscoring the level of work that is still required to even determine what "5G" actually is, Japanese operator NTT DoCoMo this week said it will conduct "experimental trials" of emerging 5G technologies together with six vendors: Alcatel-Lucent, Ericsson, Fujitsu, NEC, Nokia and Samsung.
Alcatel-Lucent continued to show an improvement in its operating performance after the equipment manufacturer reported its group net loss fell by almost 80 per cent to €73 million ($101 million) in the first quarter of 2014, from €353 million a year previously.
Nokia elevated soft-spoken yet intensely competitive Rajeev Suri to its president and CEO position, which was no surprise given his deft handling of the turnaround at the firm's network infrastructure unit, Nokia Solutions and Networks, which he has headed since 2009. Suri will assume the combined role on May 1.
Alcatel-Lucent is paving the way for LTE in Thailand by constructing the country's first 100G optical network, said local operator DTAC.
Now IP Multimedia Subsystem is gaining traction with VoLTE it is becoming a viable solution for enterprise communications with revenue expected to reach $1.2 billion (€866 million) through 2019.
How did the wireless industry perform in the first quarter of 2014? Check here throughout the first-quarter earnings report season for full earnings reports from the wireless industry's carriers,...