Note 1: Quarter results for AMJ 2009
Note 2: No quarter results announced by Huawei & ZTE on their websites
| NEP | Net Sales | Sales Q on Q | Net Income | Income Q on Q | EPS | EPS Q on Q | Acquisition/Divestment/JV info | Major customer wins | Quote |
| Alcatel Lucent | EURO 3.905 billion | 0.09 | EURO 1.393 billion | 0.14 | 0.01 | JV with Bharti Airtel for services. Developed Co-sourcing strategy along with HP – unified GTM approach. Completed Thales stake sale. | Mobile backhaul for NTT DoCoMo, EVDO and CDMA rollout in China, | Ben Verwaayen, CEO:“Operationally, we are seeing positive trends in our top-line, gross margin and operating expenses. Looking forward, market conditions remain difficult and operators continue to be selective about their investments. We reiterate our view that our addressable market should be down between 8% and 12% at constant currency in 2009. As we look forward to the second half, we expect to achieve our target of an adjusted operating income around breakeven through further improvement in our margins and expense structure.” | |
| Cisco | USD 8.5 billion | -18% | USD 1.1 billion | -0.46 | USD 0.19 | -0.42 | Cisco completed its acquisition of Pure Digital Technologies, Inc., the creator of the Flip VideoTM brand and a pioneer in developing consumer-friendly video solutions with mass-market appeal. Cisco completed its acquisition of Tidal Software, Inc., a developer of intelligent application management and automation solutions. | NFL Dallas Cowboys and and MLB Toronto Jays deployed Cisco connected sports solution; Starwood hotels and Tata Communications for telepresence; Univ of Queensland, Australia for WLAN network; JSC Kazakh telecom for national broadband development. | “Cisco delivered very solid quarterly and annual results in a challenging economic environment, as we continued our focus on disciplined execution and our customers’ success,” said John Chambers, chairman and CEO, Cisco. “We are confident in our strategic position in both existing and thirty adjacent markets. We saw a number of positive signs this quarter in the economy and in our business, especially comparing our sequential quarter-over-quarter order trends. If we continue to see these positive order trends for the next one to two quarters, we believe there is a good chance we will look back and see that the tipping point occurred in our business in Q4.” Chambers continued, “Cisco’s goal is transformational: to become a next-generation company and continue to enhance our market position by executing on our growth opportunities. We see the network truly becoming the platform for innovation and new business models which are enabled by collaboration technologies.” |
| Ericsson | SEK 52.1 billion | 0.11 | SEK 6.9 billion (without JVs) | 0.49 | 0.26 | -0.56 | Acquired Elcoteq’s manufacturing operations in Tallinn in June. Acquired Biziteq – Turkish system integration company in May. JV Sony Ericsson running at a loss. | Prof serv is the main growth engine (increase is 28% yoy): A groundbreaking 7-year services agreement has been made with Sprint in the US at a total value of USD 4.5 – 5 b. The contract includes the transfer of approximately 6,000 employees. Also contracted with Zain Nigeria for prof. Serv. Important networks deals include Vodafone Essar, India for GSM and Telecom Italia for mobile broadband. | “There are different trends in the current market environment. The effects of the global economic climate on the mobile infrastructure market are now more notable, especially in markets with currencies under pressure and tougher credit environment,” said Carl-Henric Svanberg, President and CEO of Ericsson (NASDAQ:ERIC). “At the same time the consumer demand for new services and broadband capabilities are quickly accelerating and rollout of new technologies is ongoing in the world’s leading economies. There is also an increasing demand for professional services from operators across the world. |
| Motorola | USD 5.5 billion | -32% | USD 26 million | 5.5 | 0.01 | 0 | Greg Brown, co-CEO of Motorola and CEO of Broadband Mobility Solutions, said, “In Broadband Mobility Solutions, we continued to lead in our key markets and delivered solid results in a very challenging economic environment. We further reduced our cost structure, improved our operating margins and decreased inventory on a sequential basis. We also continued to focus our R&D efforts on innovation in areas such as next-generation public safety, enterprise mobile computing, enhanced broadband video and 4G wireless.” | ||
| Nokia Siemens Networks | EURO 3199 million | 0.07 | EURO 2 million | - | 0.15 | 0.5 | - | Services led wins: Oi in Brazil, Telenor in Pakistan, Digi in Malaysia. Networks wins: M1 in Singapore for network modernization, Elisa in Finland for HSPA, TWC in US for IMS |
