Lucent on CDMA, PHS, IPTV in China (LU, CN)

Lucent Technologies (ticker: LU) reported fiscal Q1 2006 earnings results yesterday. The following are management comments relating to operations in China:

Non-U.S. revenues decreased by 33%, due primarily to lower CDMA sales in China, and delay of 3G license awards in China could continue to have a negative impact on future network deployments in that country.

Non-U.S. revenues decreased 40%, due primarily to lower sales of PHS products in China.

We’re seeing increased interest in IPTV and we’re seeing lots of opportunities across all of our regions, whether it’s CALA, EMEA, Asia.

In terms of some other UMTS/W-CDMA trials we could talk about, one we always mention is kind of what we’ve got going on with the Chinese Ministry of Information Industries, we are conducting a trial now with China Netcom (ticker: CN) in Shanghai on our UMTS capability. So that’s clearly a trial we’re working on we’re working with field testing and that’s clearly a major area of opportunity for us going forward.

Comment: You can read the rest of Lucent's conference call transcript here.

Final Comment: Lower sales of PHS products is bad news for UTStarcom (ticker: UTSI).

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