Alcatel-Lucent has a binding offer to sell it Genesys business for $1.5 billion in cash to a company owned by Permira, a European private equity firm.
Genesys provides customer service software and contact center solutions for businesses. The California-based company also trains enterprises on how...
Alcatel-Lucent | August 31, 2011 | Press Release
Paris, August 31, 2011 – Alcatel-Lucent (Euronext Paris and NYSE: ALU) has been selected by Chunghwa Telecom, the largest telecommunications operator in Taiwan, to upgrade its network to address Taiwan’s exploding demand for high-bandwidth advanced mobile services.
Currently,...
Alcatel-Lucent | August 26, 2011 | Press Release
St. Petersburg, August 26, 2011 - OJSC VimpelCom announced the choice of Alcatel-Lucent's (Euronext Paris and NYSE: ALU) technical solution to support the launch of new services for Beeline subscribers in the North-Western region of Russia based...
Alcatel-Lucent | August 25, 2011 | Press Release
Shanghai, China, August 25, 2011 - Alcatel-Lucent (Euronext Paris and NYSE: ALU) and China Mobile have today reached another major milestone in the creation of next generation wireless services by staging the first mobile broadband video call...
Chunghwa Telecom, the largest telecommunications operator in Taiwan, selected Alcatel-Lucent (ALU) to upgrade its network to handle the country's increased demand for high-bandwidth mobile services. Alcatel-Lucent will provide its Packet Transport Network solution to replace Chunghwa Telecom's existing transport network, which is...
Greenpacket has been awarded a 2-year contract by Wateen Telecom, WiMAX operator in Pakistan, for the supply of Greenpacket’s modem, the UH350. Wateen Telecom is a venture of the Abu Dhabi Group, which also owns Warid Telecom, Pakistan’s mobile operator. Value undisclosedDialogic announced that...
InfiNet Wireless, manufacturer and provider of carrier-grade wireless infrastructure solutions, announced that LCR Honda has selected its InfiMan 2x2 wireless solution to provide a mobile team communications infrastructure for its race-day locations. Both engineering and mechanical teams rely on high-speed, high-capacity communications connections to...
InfiNet Wireless, manufacturer and provider of carrier-grade wireless infrastructure solutions, announced that LCR Honda has selected its InfiMan 2x2 wireless solution to provide a mobile team communications infrastructure for its race-day locations. Both engineering and mechanical teams rely on high-speed, high-capacity communications connections to...
Alcatel-Lucent | August 23, 2011 | Press Release
Paris, August 23, 2011 - Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced that Zain Saudi Arabia (Zain KSA), a leading mobile operator in the Kingdom of Saudi Arabia, has selected Alcatel-Lucent’s IP/MPLS-based mobile backhaul solution to...
Siemens Enterprise Communications, a premier provider of enterprise communications, has been appointed by Durham University as its strategic technology partner to implement a next generation communications system as part of a university-wide investment program to deliver world-class facilities for its 15,000 students and 3,000...
Alcatel-Lucent | August 22, 2011 | Press Release
Paris, France – August 22, 2011 – Alcatel-Lucent (Euronext Paris and NYSE: ALU) has introduced a new set of services to proactively analyze the health and performance of telecommunications networks, identify potential problems and take appropriate actions...
Advances in smart-grid utility networks are taking place steadily, with announcements in the United States, China and Europe this month. Notably, Duke Energy Corp. (DUK) said it would support using cellular networks for its smart-grid backbone; Alcatel-Lucent (ALU) is working with a Chinese utility...
The United States accounts for four of the top 10 operators ranked by mobile data revenues in the second quarter, led by Verizon Wireless (VZ), which pulled in $5.8 billion, according to a new report from wireless analyst Chetan Sharma. A combined AT&T Mobility/T-Mobile...
Alcatel-Lucent | August 11, 2011 | Press Release
Cairo, Egypt and Paris, France, August 11, 2011 — Telecom Egypt (TE) (Ticker: ETEL.CA; TEEG.LN), Egypt’s primary telecommunications services provider, and Alcatel-Lucent (Euronext Paris and NYSE: ALU), have announced that the TE-NORTH Cable System, provisioned with 40 Gigabit...
Cable Bahamas, cable and broadband service provider in the Bahamas, has selected Nokia Siemens Networks voice over cable (VoC) softswitch platform to roll out the services.Department of Defense, other agencies able to upgrade voice networks to all-IP Nokia Siemens Networks' technology for all-IP based...
Maxis Communications | August 9, 2011 | Press Release
Maxis Berhad, the country's leading integrated communications service provider, with Alcatel-Lucent as a strategic supplier, has undertaken a major transformation of Maxis' core transmission network. By deploying Alcatel-Lucent's 100 gigabit per second (100G) optical coherent network...
Alcatel-Lucent | August 8, 2011 | Press Release
Paris, August 8, 2011 - In compliance with current regulations, Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced it has published its first half report to June 30, 2011. The report is available in the Investors &...
The stock market is poised for a disastrous week, following previously disastrous weeks and a first-ever downgrade of America's debt by Standard & Poor's Financial Services LLC last Friday.In the last month, the Dow Jones Industrial Average has declined 11.83% and in the last...
Editor's Note: Welcome to our weekly Reader Forum section. In an attempt to broaden our interaction with our readers we have created this forum for those with something meaningful to say to the wireless industry. We want to keep this as open as possible,...
Bloomberg | August 5, 2011 | Joseph Ciolli, Matthew Campbell
Alcatel-Lucent SA is giving potential buyers a chance to acquire its earnings for free with patents that may be worth as much as the company itself.
Read the full article here via Bloomberg
Alcatel-Lucent | July 28, 2011 | Press Release
Continuous progress in Alcatel-Lucent’s transformation: Top-line growth and improvement in profitability, Full-year guidance maintained.
KEY NUMBERS FOR THE SECOND QUARTER 2011
• Revenues of Euro 3.903 billion, up 10.4% year-over-year and up 7.6% sequentially at constant currency; up 2.4% year-over-year...
Alcatel-Lucent (ALU) shares dropped 9% after the infrastructure vendor released positive second-quarter earnings results that failed to meet expectations. CEO Ben Verwaayen reiterated that the company expects a strong second half of the year. Nevertheless, the stock was down nearly 19% at press...
After months of rumors, LightSquared’s plans to speed up its proposed network deployment seem to have found some solid ground as the company has announced a 15-year, “spectrum hosting and network sharing” agreement with Sprint Nextel Corp. (S)The deal calls for Sprint Nextel to...
Motorola Solutions and Northwestern University announced the selection of Motorola to deploy a new P25 system to replace a 14-year-old analog trunking system and will provide a standards-based IP system that enables interoperability and greater efficiency for the Northwestern University community. Read more.Corticon, provider...