Alcatel-Lucent (ALU) Gains Service Provider Router Market Share for the Fifth Consecutive Quarter
Alcatel-Lucent (NYSE: ALU) today announced that, according to Q3 2009 data from Dell'Oro, it gained market share in the Service Provider Router segment for the fifth consecutive quarter. According to Dell'Oro, Alcatel-Lucent increased its worldwide market share by four percentage points year-over-year (3Q09 vs 3Q08). In addition, it gained 4.8 percentage points year-over-year (Y/Y) in the fastest growing sub-segment - Edge Routers - growing its number two position in the quarter to 20.5% of the global market.
In Dell'Oro Group's Routers Report 3Q09, the firm stated: "Alcatel-Lucent reported strong performance in 3Q09. It was the only SP Edge Router vendor to record Q/Q and Y/Y increases. Despite the global recession, Alcatel-Lucent performed well during the first three quarters of 2009, increasing its year-to-date revenue share to 20%, well above its 15% share for full-year 2008. We attribute Alcatel-Lucent's success to the following factors: expanding customer base, regional balance and broad product line."
In addition, Alcatel-Lucent's success in the service provider router space was highlighted in a recent technology research report, "Data Networking & Wireline Equipment - Inside the Routing Markets", from Barclays Capital. "Alcatel-Lucent has been the clear rising star in the carrier edge router market at the moment. Alcatel originally entered the market through its acquisition of TiMetra in 2003, and has since gained significant traction with the flagship product (now called 7750). Alcatel-Lucent has been on a steady upward ramp in the edge routing market since 2004, growing from 0% share to now nearly 20%* share. Beginning in 2010, Alcatel will look to grow its share in the core space with the introduction of its 100 Gbps line card."
Create E-mail AlertRelated Categories
Corporate NewsStocks Mentioned
Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
