Alcatel-Lucent CEO Michel Combes said that the vendor is "back in the game" in terms of competing with its top rivals and that the company is looking, like other gear makers, for non-carriers customers. After skirting with financial disaster and undergoing a massive restructuring, Combes seemed to be brimming with confidence about Alcatel-Lucent's prospects.
Alcatel-Lucent won what it says is one of the first 450MHz network rollout deals in Scandinavia, agreeing a deal to deploy mobile broadband networks for AINMT Holdings.
CAPE TOWN--LTE networks and services are not yet widely available across the African continent, but there are clear signs that operators in several markets are planning their rollout strategies while some have already started offering commercial LTE services.
The increasing appetite for Carrier Wi-Fi solutions will result in revenues growing to nearly $8 billion (€6.4 billion) by 2019. Asia-Pacific is the top region in [terms of the] number of installed Wi-Fi hotspots while Europe and North America continue to grow their networks through the use of community hotspots.
Alcatel-Lucent has finalized the sale of its cybersecurity and security services business to Thales for an undisclosed amount, another move in its effort to shed non-core assets.
Alcatel-Lucent reported that IP routing proved to be a stellar revenue performer, rising 2.2 percent in the third quarter to $749 million, while other segments saw notable declines.
Alcatel-Lucent reported a narrower net loss for the third quarter and an improved margin as cost cuts and a slower cash burn offset falling sales. However, in the company's crucial U.S. market, sales continued to fall in the period.
CenturyLink has brought consistency to all of the disparate core networks it acquired in recent years from Embarq, Qwest and Savvis by completing the deployment of Alcatel-Lucent's 7950 XRS core router into its network.
Alcatel-Lucent has taken another step to enhance its submarine cable business Alcatel-Lucent Submarine Networks (ASN) status in the oil and gas production industry segment by reaching a deal to acquire Optoplan, a provider of 4D permanent reservoir monitoring (4D PRM) solutions.
G.fast, which promises to wring fiber-like bandwidth from existing copper infrastructure, got another boost when Telekom Austria's domestic subsidiary A1 collaborated with Alcatel-Lucent to deliver speeds exceeding 100 Mbps per household to a residential customer.