As was widely anticipated, Alcatel-Lucent is to rejoin the French blue-chip index CAC 40 on Dec. 23 in a move that reflects the continuing recovery of the telecoms equipment manufacturer after several torrid years.
China has finally issued TD-LTE licences to the country's three mobile operators in a move that will reinforce the position of European equipment manufacturers as well as local Chinese vendors that have won lucrative deals to help build next-generation networks there.
Site acquisition and delivery of backhaul and power are widely documented gating factors restricting extensive deployments of outdoor small cells. Alcatel-Lucent hopes to alleviate those challenges via a site certification program that brings together a variety of partners, which have contributed to a database of more than half a million sites suitable for small cells.
The First Responder Network Authority moved further along with planning for the LTE-based nationwide public-safety broadband network (NPSBN) by issuing a request for information (RFI) on application platforms. However, FirstNet also put an end to negotiations with several public-safety entities hoping to lease its spectrum for public-safety networks within their jurisdictions.
There are growing indications that Alcatel-Lucent is increasingly reaping the benefits of its turnaround efforts with reports suggesting the equipment manufacturer could rejoin the France's blue-chip CAC 40 index next month.
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Nokia is not considering a deal between the company's Nokia Solutions and Networks (NSN) unit and rival Alcatel-Lucent after gauging the possibilities for a transaction, according to a Wall Street Journal report.
Huawei said it will invest at least $600 million (€444 million) in research for so-called "5G" technology over the next four years, as the Chinese vendor outlined a growth strategy based on R&D strength and a strong consumer business rather than on acquisitions.
Alcatel-Lucent said it is seeking to raise around $2.7 billion in fresh capital via a combination of new shares and debt, as the equipment vendor takes advantage of a rising stock price and optimism that it will be able to reverse its business situation.
Alcatel-Lucent reported a narrower loss for the third quarter amid rising revenue. The results indicate that the vendor's massive new cost-cutting plan is starting to take hold as it tries to nurse itself back to health as a smaller company.