Telecom network vendor Alcatel-Lucent today said its revenue for Q3 2014 declined 5.9 percent to $4.09 billion or EUR 3,254 million, while net loss improved to $22.67 million or EUR 18 million from EUR 200 million.
Both Nokia Networks and Ericsson, rivals of Alcatel-Lucent posted increase in their third quarter revenue boosted by mobile broadband.
ALSO READ: Ericsson Q3 revenue up 9%, operating income dips 7%
Alcatel-Lucent said its Q3 revenue from North America (excluding LGS) declined 14 percent to €1,362 million, mainly reflecting lower revenues in the Access segment and in legacy products in IP Transport.
Its rival Ericsson also faced tough time in North America.
The Q3 revenue of Alcatel-Lucent from Europe fell 13.5 percent to €711 million.
Asia Pacific posted a 22.5 percent growth to €721 million, driven by LTE network roll-outs in China as well as traction in other markets including Japan and Australia.
It seems Alcatel-Lucent’s India business is yet to improve. Both Ericsson and Nokia Networks have done well in Q3 2014 in the Indian telecom market.
ALSO READ: Ericsson and Nokia Networks: India telecom Capex boosts revenues
In the rest of World, MEA declined at a low single-digit pace, while CALA showed slight growth.
Baburajan K
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