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Last $3.58 USD
Change Today -0.04 / -1.10%
Volume 3.2M
As of 8:04 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

alcatel-lucent-sponsored adr (ALU) Key Developments

Alcatel-Lucent Signs Comprehensive Frame Agreements with China Mobile and China Unicom to Facilitate the Transition to Dynamic Cloud-Based Networks

Alcatel-Lucent has signed comprehensive frame agreements with China Mobile and China Unicom to facilitate the transition to dynamic cloud-based networks. Alcatel-Lucent will support the companies in the delivery of faster, more affordable mobile and fixed Internet connections across the country, as China strives to meet the ever-growing connectivity of people and 'things'. Under the agreements - both spanning a year and valued at up to RMB 4.53 billion (EUR 656 million) and RMB 3.59 billion (EUR 520 million) for China Mobile and China Unicom respectively - Alcatel-Lucent will deliver its mobile and fixed ultra-broadband access, IP routing, agile optical networking and network functions virtualization (NFV) capabilities, as well as Nuage Networks' software defined networking (SDN) technologies. The deployment of these technologies will also support China Mobile and China Unicom in meeting commitments to the 'Broadband China' initiative which aims to see full broadband coverage across the nation's rural and urban areas by 2020.

Alcatel-Lucent Formalizes Transfer of Trieste's Optical Transport Production Unit to Flextronics

Alcatel-Lucent announced that the company has formalized the transfer of its optical transport production unit in the northeastern Italian city of Trieste to Singapore-based electronic manufacturing services firm Flextronics. The transfer will take place on 1 July 2015. The firm has signed a binding agreement with trade unions before formalizing the transfer of the unit. As per the terms of the deal, the Trieste plant will continue supplying Alcatel-Lucent with optical transport products, and would also expand into new markets and diversifying its customer base. Additionally, this agreement guarantees jobs for the plant's 674 employees (304 permanent and 370 temporary), with Flextronics deciding not to implement any collective redundancies for at least five years.

Robi Axiata Selects Alcatel Lucent's OSS Software Portfolio

Alcatel Lucent SA has announced that Robi Axiata Limited has selected its OSS software portfolio. Robi is the first customer to deploy Alcatel-Lucent's Motive OSS portfolio, developed to harness the benefits of cloud technologies for operators to reduce costs and enhance services via a totally new and dynamic approach to automating operations. The solution is expected to be deployed and operational during the second half of 2015. Robi will deploy Alcatel-Lucent's Motive Service and Unified Resource Engine (SURE), Motive Service Event Manager (SEM) and Motive Service Performance Manager (SPM) software products, part of the Motive Dynamic Operations portfolio. Robi will also deploy incident, problem and change management and workforce management products from Alcatel-Lucent's technology partners. Alcatel-Lucent is providing an end-to-end service assurance view that will enable Robi to ensure accurate network inventory management, correlation capability, and automated ticket management capability. The Motive Dynamic Operations portfolio creates a clear path for service providers to migrate to the cloud by making their operational infrastructure as agile as the virtualized network and data center. The portfolio innovates in three unique ways: A new foundation that can dynamically identify and track all network resources, fully automated, programmable OSS that can fulfill orders and assure services, a 'self-healing' environment driven by network analytics that spans automated recovery to predictive management.

Alcatel-Lucent Introduces Home Networking Device to Accelerate Deployment of Ultra-Broadband Connectivity

Alcatel-Lucent has launched a new device for residential and business use that will allow operators to accelerate the deployment of ultra-broadband access in order to meet ever-growing demand for faster data speeds in homes and the workplace. The Alcatel-Lucent residential gateway is a simple, plug-and-play device that will eliminate the need for operators' engineers to have to enter a customer's premises to install, due to its use of the standard and application of existing telephone lines to extend fiber-like data speeds into the home. With the number of connected devices expected to reach 50-100 billion by 2020, the demand for more bandwidth and faster broadband speeds has never been greater. Fiber-to-the-home and technologies allow operators to bring gigabit broadband speeds to premises. However, maintaining those speeds inside a building can be more difficult with legacy home networks, poor WiFi speeds and reliability issues limiting how fast and how much data consumers can access at any given time. This problem becomes compounded as more devices are added onto the home network. Alcatel-Lucent's new home networking device solves this problem. Consumers simply need to plug it in to immediately start enjoying more than 750megabits-per-second of broadband speed over infrastructure into their home - almost 30 times the global average which hovers around 27Mbps2. To help deliver greater in-home coverage across all connected devices, the residential gateway also delivers concurrent dual-band WiFi to provide even greater signal strength and 1Gbps data speeds, eliminating the need to run fiber into the home. Part of a complete end-to-end portfolio of Alcatel-Lucent ultra-broadband solutions, the new residential gateway also provides a more efficient way to power the growing number of distribution point units essential for delivering on the standard. With an integrated reverse power feed capability that powers the remote distribution point unit, operators no longer need to connect the distribution points locally to the power grid. Alcatel-Lucent's residential gateway: The new 7368 ISAM CPE will allow service providers to free themselves of the challenges posed by access to customers' premises: Its integrated reverse power will allow operators to reduce costs and complexity of large scale deployments; Dual-band Wi-Fi (802.11ac/n on 5GHz and 802.11b/g/n on 2.4GHz) provides over 1 Gbps bandwidth, offering customers with the super-fast speeds they demand across all their connected devices; Higher transmittting power of up to 1000 mW will deliver the same quality of service inside any room or outdoor area; SuperSpeed USB3.0 support for home network access to shared content such as music, videos and photos; The 7368 ISAM CPE can be deployed with VDSL2 networking and upgraded later without having to switch out the device; Fully integrated, plug-and-play device reduces time and cost of installation; Compatible with Alcatel-Lucent DPUs, DSL line cards and standard-compliant DPUs; Leveraging the same advanced home technology as the 7368 ISAM ONT G-240W-B residential gateway ONT, delivering the same experience to both PON and subscribers.

Michel Combes Leaves Alcatel-Lucent as CEO in July 2015

Alcatel-Lucent's CEO Michel Combes will leave the company in July in order to join Altice. He started at Alcatel-Lucent in 2013.


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