Alcatel-Lucent CFO: Uncertainty About Future CDMA Spending

PARIS -(Dow Jones)- Alcatel-Lucent believes ongoing consolidation among telecommunications operators may affect the capital spending of those operators, Chief Executive Patricia Russo told a conference call Tuesday.

Alcatel-Lucent is uncertain about the future of code division multiple access, or CDMA, spending in North America after a faster-than-expected decline in the division's second-quarter revenue, Chief Financial Officer Hubert de Pesquidoux said.

The pricing pressures in the industry haven't changed since the start of the year, Michel Rahier, head of Alcatel-Lucent's carrier division, said on the conference call.

-By Jethro Mullen, Dow Jones Newswires; 33 1 4017 1738; jethro.mullen@dowjones.com

(END) Dow Jones Newswires

Posted to the site on 29th July 2008