Alcatel-Lucent suffers 2Q losses

Telecom equipment maker Alcatel-Lucent reported disappointing second-quarter earnings yesterday. The firm suffered a second-quarter net loss of $460.3 million, compared with a profit of $413 million a year earlier. Revenue fell 3.6 percent to $5.9 billion from $6.15 billion.

Alcatel-Lucent CEO Patricia Russo said that margins were lower for the company because of significant investments it made in several key markets.

In other Alcatel-Lucent news, the firm says Japanese provider SoftBank Mobile has asked the vendor to participate in the experimental trial of mobile high-speed data "in-building" solutions using femtocells.  Release

For more on Alcatel-Lucent's earnings:
- see this MarketWatch article
- see this WSJ article. (sub. req.)


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