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Alcatel-Lucent net loss widens in 1Q

Alcatel-Lucent net loss widens in 1Q

Alcatel-Lucent's net loss widened in the first quarter as sales of both wireless and wireline communications gear continued to fall in all major global markets amid the global economic downturn.
The world's third-largest supplier of wireless networking gear for telecom operators and companies blamed tough market conditions and continued restructuring for the shortfall _ its ninth consecutive quarterly loss since Alcatel-Lucent was created in 2006.
The Paris-based company reported a net loss for the January to March quarter of


Updated : 2021-04-21 02:01 GMT+08:00