Alcatel-Lucent fourth quarter revenues dip 1%, posts income of $181 million

Alcatel-Lucent fourth quarter revenue dipped 1 percent to $5.3 billion (€3,930 million) from €4,096 million. It posted net income of $181 million against €1,558 million.

The telecom equipment vendor’s revenue in 2013 was almost at €14,436 million against €14,449 million in 2012. Net loss in 2013 decreased to €1,304 million from €2,011 million.

Michel Combes, CEO of Alcatel-Lucent, said: “As per The Shift Plan’s objectives, we repositioned our company as a specialist in IP and Cloud Networking, as well as in Ultra-Broadband Access, and we are seeing strong commercial traction in these segments.”

Michel Combes, CEO of Alcatel-Lucent

Revenues for the Core Networking and Access segments were up 0.4 percent year-on-year at constant exchange rates.

North America grew 2 percent, moderating its pace compared to previous quarters, while Asia Pacific moved into positive territory by rising 10 percent, driven by network roll-outs in China.

Encouraging trends continued in Western Europe while Russia returned to growth. The Rest of World area witnessed a decline in the mid-teens.

[email protected]