Alcatel-Lucent Q2 revenue up 5% to $3.78 billion

Alcatel-Lucent today said its revenue grew 5 percent to 3,450 million euros or $3.78 billion in the second quarter of 2015. The telecom network company generated 1,675 million euros (+22%) from Core Networking and 1,772 million euros (-7%) from ...

Kyivstar taps Nokia to modernize network

Kyivstar, a telecom operator in Ukraine and part of VimpelCom, has selected Nokia Networks to modernize and expand part of its mobile radio network. Nokia Networks will supply its Single RAN Advanced solution to assist the operator to modernize ...

ZTE to clock 22% revenue growth to $7.4 bn in H1

Networking vendor ZTE today said it expects to clock revenue growth of 21.9 percent to RMB 45.9 billion or $7.4 billion in H1 2015. ZTE is expected report a 43 percent increase in net profit to RMB 1.61 billion or $260 million for the first six ...

Huawei revenue surges 30% to $28 bn in H1 2015

Networking vendor Huawei said its revenue rose 30 percent to CNY 175.9 billion or $28.31 billion in the first half of 2015 with operating margin of 18 percent. For comparison, the revenue of Ericsson fell 6 percent to SEK 114.2 billion or $13.18 ...