<a href="http://www.networkworld.com/subnets/cisco/">Cisco</a> this week is expanding its data center product portfolio with a new switch, extensions to existing ones, and enhancements to its servers and software.
alcatel-lucent - News, Features, and Slideshows
NBN Co is set to announce a panel of software providers for its operational and billing support systems by the middle of next month, with vendor Alcatel-Lucent likely to play a key role in the tender.
NBN Co chief executive, Mike Quigley, has played down the current controversy surrounding his former employer, Alcatel-Lucent’s, recent $US137 million settlement for bribery cases brought by US authorities.
Alcatel-Lucent has moved to educate the public on the National Broadband Network (NBN), issuing a layman’s guide to networking terms and flagging plans to launch an online version shortly.
Telecom met its earnings forecast for the year thanks to a compensation payment from an unnamed supplier, which masked an otherwise weak result.
The company posted an annual profit of $382 million, beating analysts' expectations by about $10 million to $20 million, but only after a $27 million gain from "resolutions and settlements" with the supplier.
There is likely to be speculation the payments were made by Alcatel-Lucent, and are compensation for problems with Telecom's XT network, which Alcatel-Lucent built.
In its annual results for the year to December 31 2009, filed last month, Alcatel-Lucent NZ noted that there had been compensation payments relating to "claims by a customer" about "components of a network supplied by Alcatel-Lucent New Zealand." These weren't expected to have a material effect on the New Zealand subsidiary's financial results, the filing noted.
Alcatel-Lucent's results also noted that the compensation claim was made on a no admission of liability basis.
Analysts had been expecting the latest Telecom results to show a profit of between $360 million and $370 million. The profit was 4.5 per cent down on last year's $400 million.
Telecom's share price slipped 3 cents to $2.07 in early trading.
Revenue fell 6.3 per cent to $5.27 billion, but Telecom's costs fell faster.
That meant earnings before interest, tax, depreciation and amortisation were down only 0.2 per cent at $1.76 billion, which chief executive Paul Reynolds said was a "great accomplishment".
The company had "halted the significant earnings decline of the previous two years," he said.
Telecom's mobile revenues increased less than half a per cent over the year to $826 million, despite the launch in May last year of its $574 million XT network.
Mr Reynolds said the growth rate had been affected by compensation payments made to XT customers, without which mobile revenues would have been up 4.5 per cent.
The number of customers on its XT network rose by 20 per cent to 712,000 over the three months to the end of June as customers switched across from its CDMA network which is due to be turned off in 2012.
Mr Reynolds said the market for broadband was "reaching saturation" with about 60 per cent of homes now on broadband, but it still saw some room for growth.
The company hopes to win a contract to partner with the Government in laying fibre-optic cable to three-quarters of homes and businesses.
Government investment vehicle Crown Fibre Holdings is due to make a recommendation in October on who the Government should partner with.
- Additional reporting by David Watson
Alcatel-Lucent has found a way to move data at 300Mbit/s over two copper lines, the company said on Wednesday. However, so far it is only in a lab environment — real products and services won't show up until next year.
Steve Lowe, who has headed Alcatel-Lucent’s New Zealand operation since 2008, is leaving the company.
Mainland Australia’s regional broadband traffic will be carried over Alcatel-Lucent’s optical fibre network as part of a $250 million initiative to link blackspot areas to major centres.
Alcatel-Lucent wants the telecommunications industry to turn a little more green by developing new equipment that cuts power consumption by a factor of 1,000.
Alcatel-Lucent researchers say they have figured out how to multiply the speed of the fastest undersea cables by a factor of 10.
Alcatel-Lucent New Zealand has seen its sales surge from $213.2 million in 2007 to $423.5 million in 2008 as major customer Telecom rolled out networks nationwide.
Telecommunications equipment manufacturer Alcatel-Lucent and IT vendor Hewlett-Packard plan to jointly market their products to businesses looking for converged IT and communications systems.
Telecom New Zealand's AAPT is moving into the final stages of a A$30 million (NZ$34 million) network overhaul which ties its systems to those of last year's A$360 million acquisition Powertel.
Alcatel-Lucent is at the centre of New Zealand’s network building efforts, delivering gear and expertise to Telecom for its massive projects, to Transpower and to state-owned enterprise Kordia among others.
Telecommunications services provider Zintel has acquired the business assets of Commspec from Downer EDI Engineering.
Commspec is a reseller of Alcatel-Lucent and Samsung products.