Restructuring costs and a wait for payments on commercial contracts slammed Alcatel-Lucent's cash flow figure, as the company burned through $694 million in cash during 2013's first quarter, worsening the year-earlier free cash flow loss of nearly $211 million.
Alcatel-Lucent posted a loss of €353 million in the first quarter of 2013 as the equipment manufacturer continues to burn through cash at an alarming rate, and said it would undertake a review of its strategy by early this summer.
North American LTE users gobble up on average 46 MB per day of mobile data, or 168 percent more than 3G users, who consume 17 MB per day, according to research from Alcatel-Lucent.
AT&T has updated much of its network to accommodate deployment of HSPA+ metrocells around the country, but the rollout of more advanced multi-standard metrocells is at least a year away, according to the senior executive heading up the program.
Our sister publication FierceWirelessEurope reports that Deutsche Bank thinks Alcatel-Lucent's prospects have improved, thanks, in part, to the appointment of new CEO Michel Combes, who is known for slashing costs.
Analysts at Deutsche Bank is revising its view of Alcatel-Lucent, and think the vendor now has the "key ingredients" for a turnaround, helped by the appointment of a new CEO with a track record for reducing costs.
Numerous suppliers of microwave equipment are preparing to add millimeter-wave gear to their portfolios as operators increasingly took to the latter category to provide backhaul for LTE macrocells and small cells, according to a fresh report.
It's no secret that mobile video is one of the most popular uses for mobile broadband networks. Yet there is one huge drawback to customers' insatiable desire to view video on their mobile devices: Most of the content is provided by over-the-top players and delivered via unicast channels, which sucks up precious bandwidth on mobile networks and does not allow operators to monetize the service beyond charging for the amount of data consumed. Enter LTE Broadcast, billed as the answer to at least some of mobile operators' video delivery challenges.
ActiveVideo said Thursday that it recruited Cisco and Alcatel-Lucent veteran Murali Nemani, naming him senior VP and chief marketing officer.
Ericsson sits atop the LTE infrastructure marketplace, but TD-LTE rollouts this year will benefit rivals Alcatel-Lucent, Huawei and ZTE, according to a fresh report.