enterprise2011, 3e Quarter resultsRevenues in the Enterprise segment were 5.282 billion euros in the first nine months of 2011, a 1.4% decrease on a pro forma basis compared with the previous year. Revenues were 1.734 billion euros in the third quarter of 2011, with the decline limited to 1.1% after a 2.1% decline in the second quarter. The 1.0 percentage-point improvement between the two quarters is linked to strong growth in services (+11.6% in the third quarter) generated by major equipment deliveries in North America during the summer. Growing networks reported a 10.3% increase in revenues, reflecting the rapid development of Voice over IP and satellite access. Mature networks reported growth of 1.3%, driven by IPVPN with the development of Ethernet technologies. Broadcast services were down 1.7%, after rising 1.2% in the first half of the year. In legacy networks, the downward trend translated into a decline of 13.4% in the third quarter of 2011. Traditional telephony continued to decline at a rate comparable to that of previous quarters, while legacy network solutions (such as the X25 protocol and Frame Relay) were impacted by the migration towards newer technologies. |