Saudi Arabia-based Mobily has signed a $200 million (€146.5 million) vendor financing deal with the Canada export credit agency to allow the mobile operator to buy telecoms equipment from Alcatel-Lucent.
Alcatel-Lucent is investing €3 million ($4 million) in a French start-up company that specialises in the equipment manufacturer's core areas of LTE mobile networks and small cells, with a focus on mobile fronthaul to replace the physical link for mobile broadband networks.
Finnish police confirmed they are investigating reports that Nokia was blackmailed by hackers who threatened to expose the encryption code used in the company's now defunct Symbian operating system.
The European Commission (EC) agreed to a "landmark" 5G cooperation deal with South Korea early Monday, in a bid to define global standards for the next-generation technology and ensure radio frequency harmonisation.
Alcatel-Lucent appointed former Huawei executive Roberto Loiola as the new president and CEO of Alcatel-Lucent Italy--a role that also includes responsibility for Greece, Malta and Cyprus.
Alcatel-Lucent has launched a $1.4 billion offer in convertible bonds, which will be used to pay off the $1.75 billion on the company's senior secured credit facility in the U.S. as part of its Shift Plan.
The CEOs of Orange and Alcatel-Lucent continue to call for greater consolidation on the French market--a move they say would provide a more level playing field for the market's mobile operators.
Alcatel-Lucent notched up another deal for its IP technology by securing a contract to help resolve the backhaul requirements of the highly regarded Japanese operator NTT DoCoMo, which operates in one of the world's most advanced mobile communications markets.
Service providers may be interested in adopting software-defined networking (SDN) and network functions virtualization (NFV), but Infonetics says their cautious outlook on these technologies is driving them to be more cautious with spending capital on new routers and switches.
Spain's Telefonica and Japan's NTT DoCoMo separately announced major, long-term commitments to developing and deploying network functions virtualization (NFV) architecture as they pioneer efforts to develop this quite nascent technology frontier.