- Published: May 2012
- Region: Denmark
Summary: Alcatel-Lucent Mar 12
- Published: March 2012
- Standard & Poors
The ratings on France-based telecommunications equipment supplier Alcatel-Lucent reflect Standard & Poor's Ratings Services' assessment of the company's business risk profile as "weak" and its financial risk profile as "aggressive". Alcatel-Lucent's business risk profile is constrained primarily by the group's low operating margins. Furthermore, the intense competitiveness and volatility of the telecom equipment sector creates ongoing and costly restructuring needs. The company also has an overall weaker position in the UMTS (Universal Mobile Telecommunications System) mobile technology standard than in CDMA (Code Division Multiple Access) or LTE (Long Term Evolution) compared with its main competitors. This is partly offset by the company's leading market positions in fixed-line access, Internet protocol (IP) and optics (fiber) transmission, and core network technologies. The...
Companies mentioned in this report are: Alcatel-Lucent
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