PARIS—Alcatel Inc. snapped up a global framework agreement to supply Vodafone Group plc with network equipment and services worldwide.
Though Alcatel didn’t divulge how much the agreement means in terms of revenues, the deal could be worth billions considering Vodafone Group’s global footprint.
Vodafone is part owner of China Mobile, the world’s largest operator with more than 246 million subscribers, as well as Verizon Wireless with its 51 million U.S. subscribers. Vodafone also shares ownership of Vodafone Italy with Verizon Communications. The company is the sole owner of D2 Vodafone in Germany, Vodafone U.K. and Vodafone K.K in Japan.
“In order to realize new business opportunities across the group in a coordinated and focused way it is often important to put in place global agreements that our operating companies can leverage. Technology is no exception and will play a key part in delivering our strategic aims. Alcatel’s global reach and its competitive, diverse portfolio across various technologies will help us to maximize our networks’ potential and deliver on our customers’ future and current needs right across the group,” said Detlef Schultz, Vodafone’s global supply chain director.
