Seaborn Networks, an independent submarine cable operator, has secured a "Promise of Guarantee" from Coface, the French Export Credit Agency, for the Seabras-1 submarine cable system connecting Sao Paulo, Brazil and the United States.
Alcatel-Lucent is on the verge of winning a contract from a domestic French operator that would see the struggling manufacturer provide small cells for improved mobile coverage in France, Reuters has reported.
U.S. wireless carriers are expected to spend well over $20 billion on wireless capital expenditures in 2013 alone as they continue their LTE deployments and modernize their networks. Money is sloshing through the economy as a result of that spending, trickling down to vendors, handset makers and other ecosystem partners. However, that does not mean that all is healthy in the wireless economy.
Alcatel-Lucent, Ciena and Cisco may be the largest optical transport network switching and transport equipment and packet-optical transport systems vendors, but a new Infonetics report said they are being challenged by a host of pure-play P-OTS platform vendors.
Alcatel-Lucent CEO Michel Combes warned that the company is facing a dire situation and that its recently announced job cuts and restructuring moves are necessary to keep the vendor afloat.
How did the wireless industry perform in the third quarter of 2013? Check here throughout the third-quarter earnings report season for full earnings reports from the wireless industry's carriers,...
Alcatel-Lucent said it plans to cut 10,000 jobs as part of its "Shift" reorganization plan, which it is using to switch its focus to IP networking, LTE and small cells.
Alcatel-Lucent confirmed it will cut 10,000 jobs as part of its "Shift" reorganization plan aimed at slimming down the company as it seeks to become more of a specialist focused on IP networking, LTE and small cells and move away from investing in legacy technologies.
Alcatel-Lucent's Shift plan involves becoming a specialist in IP networking and ultra-broadband access and will incorporate a mix of technologies that are driving service providers toward cloud-based services, said CEO Michel Combes.
Michel Combes, Alcatel-Lucent's CEO, said that the company's plan to become a specialist in IP networking and ultra-broadband access will incorporate a mix of technologies that are driving service providers toward cloud-based services.