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.
It appears that NTT DoCoMo's sphere of vendors capable of supplying network functions virtualization is getting bigger. The Japanese service provider announced it has completed proof-of-concept trials using the software and equipment of six vendors: Alcatel-Lucent, Cisco, Ericsson, Huawei, NEC and Nokia Networks.
Korea Telecom is the latest service provider to make a shot in the emerging network functions virtualization (NFV) battle, employing a mix of Alcatel-Lucent and its Nuage Networks subsidiary's software defined networking (SDN) platforms.
Alcatel-Lucent said it plans to collaborate with Korea Telecom (KT) on the development and adoption of a "comprehensive Network Functions Virtualisation (NFV)-based infrastructure", as interest in both NFV and software-defined networks (SDN) continues to drive industry-wide network developments.
Nokia Networks signed a framework agreement worth $970 million (€765 million) with China Mobile that will see the Finland-based company provide TD-LTE equipment to support the further rollout of the Chinese operator's domestic mobile network.