Not much profit for a Multi Billion dollar corporation, BUT, at least they are now profitable. They have had a loss for the last 9 consecutive quarters, ironically, their first profit comes in the midst of a recession. Alcatel Lucent, created in a merger between Alcatel from France, and Lucent from the US in 2006, is one of the world’s largest Telecom companies. (Incidentally, Lucent split into Avaya and Lucent in the early part of this decade). Hopefully this is a positive sign of things to come, not just from Alcatel Lucent, but, from the Telco space in general.
