Alcatel-Lucent New Zealand has seen its sales surge from $213.2 million in 2007 to $423.5 million in 2008 as major customer Telecom rolled out networks nationwide.
According to accounts filed with the New Zealand Companies Office, Alcatel-Lucent's local gross profit climbed from $37 million to $60.7 million while its bottom line after tax profit doubled from $15 million to $30.4 million for the year ended December 31 2008.
Alcatel-Lucent's major local customer is Telecom New Zealand, which over the 2008 financial year was rolling out roadside cabinets to take fibre to the node and building a new WCDMA network to take on arch-rival Vodafone.
Alcatel-Lucent has also been providing an all-IP SCADA (supervisory, control and data acquisition) network for Transpower. Locally, the company also claims Kordia as a significant customer.
Last year it appointed Steve Lowe as New Zealand CEO.
Alcatel-Lucent is also targeting the local enterprise market, both with networking and telecommunications equipment and also with unified communications offerings.
Alcatel-Lucent declined to comment on the local results.