Lucent Chairman and CEO Pat Russo debunked criticism that the CDMA market is slowing down, saying she believes the market for CDMA will remain steady or increase slightly through 2010. Lucent, which is set to be acquired by Alcatel later this year, has blamed a slowdown in spending on CDMA as one of the main reasons why Lucent hasn't fared too well during the last two quarters. Lucent reported fiscal third-quarter net income fell by $79 million from $372 million the previous year. "The results reflect an impending shift in current spending in mobile customers in the U.S., and is not indicative of the longer prospects," she said. While many of Lucent's customers have upgraded to EV-DO, the next round of upgrades to EV-DO Rev. should happen in 2007, she said. Plus, China might just add some more growth, if it ever grants its 3G licenses.
To read more about Lucent's comments on CDMA:
- check out this article from Dow Jones
PLUS: O2, Manx Telecom (a wholly owned subsidiary of O2), Lucent Technologies and Qualcomm today announced they are conducting a 3G UMTS and HSDPA field trial using 900 MHz spectrum on the Isle of Man. 900 MHz was previously off limits to 3G operators, but now some governments are looking to open up this 2G spectrum to increase coverage and provide better economics for UMTS. Release