Eurocardsharing

Go Back   Eurocardsharing > General Discussions > General Satellite News > Latest Satellite News

Latest Satellite News Discussion, Alcatel: Growth predicted at General Satellite News forum; Alcatel: Growth predicted Ben Verwaayen, chief executive of Alcatel-Lucent, said he expected the telecoms sector to return to low single-digit ...

Reply
 
LinkBack Thread Tools Display Modes
Alcatel: Growth predicted
Old
  (#1)
Bacteria
Administrator
 
Bacteria's Avatar
 
Offline
Posts: 96,015

Level: 124 [♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥]
Life: 4638 / 4638
Magic: 32005 / 104816
Experience: 68%

Thanks: 1,107
Thanked 5,578 Times in 1,419 Posts
Join Date: Oct 2006
Age: 37
Thumbs up Alcatel: Growth predicted - 30-October-2009, 23:00

Alcatel: Growth predicted


Ben Verwaayen, chief executive of Alcatel-Lucent, said he expected the telecoms sector to return to low single-digit growth in 2010 and that the company was still on target to reach break-even at the end of the year.

His assurances come despite the fact that the Franco-American telecoms equipment maker reported a 9.3 per cent fall in revenues to E3.68 billion ($5.5bn) for the third quarter. Net losses deepened to E182 million from E40 million for Alcatel-Lucent in the same period last year.

To achieve the forecast break-even at adjusted operating level, the company will need to make operating profits of about E360 million in the fourth quarter compared with an E11 million loss in the three months to the end of September. Verwaayen said growth was being led by the US and China and by the newer sectors of telecommunications, such as next-generation mobile networks and high-speed broadband.



Regards,

www.eurocardsharing.com
   
Reply With Quote
Reply

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump



ECS on RSS ECS on Twitter ECS on Facebook ECS on Youtube
Follow us on:

Powered by vBulletin
Copyright 2002 - 2010, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.
Dreambox