UPDATE:Alcatel-Lucent Gets China Mobile Deal For Fiber Network
21 Luglio 2009 - 9:56AM
Dow Jones News
Franco-U.S. telecommunications equipment company Alcatel-Lucent
(ALU) Tuesday said it has been selected as China Mobile Ltd.'s
(CHL) sole supplier for the deployment of a fiber-to-the-home
network in 10 Chinese cities.
China Mobile will deploy Alcatel-Lucent's gigabit passive
optical networking, or GPON, solution in the Chinese provinces of
Anhui and Guangdong to deliver ultra-high-speed services to
residential and business users, Alcatel-Lucent said in a press
release.
The contracts were secured through Alcatel-Lucent Shanghai Bell,
Alcatel-Lucent's Chinese flagship company, the company added.
Alcatel-Lucent didn't provide financial details of the deal.
The fiber deal is another key win for Alcatel-Lucent in a market
where operators are investing massive amounts of money to upgrade
their networks and which has turned into a major sales growth hope
for telecom equipment vendors.
Western gear companies like Alcatel-Lucent, Nokia Siemens
Networks (NOK, SI) and LM Ericsson Telephone Co.(ERIC) have been
fighting for market share in the country, aiming for a slice of its
investment in improving the networks as demand in other parts of
the world is hit by the recession and as western operators focus on
preserving cashflow.
In April, Alcatel-Lucent reached a $1 billion deal with China
Mobile, the world's largest mobile operator with more than 400
million subscribers, to supply second generation solutions and
third generation equipment based on a relatively new technology
developed mainly in China, called TD-SCDMA, or Time
Division-Synchronous Code Division Multiple Access.
Company Web site: www.alcatel-lucent.com
-By Ruth Bender, Dow Jones Newswires; +33 1 40 17 17 40;
ruth.bender@dowjones.com