Thursday, November 4, 2010

LTE: Verizon and Alcatel-Lucent in a $4bn deal



Verizon Wireless ,leading US wireless phone provider and global telecommunication major Alcatel-Lucent , on Thursday announced a four-year agreement expected to be worth $4 billion for Alcatel-Lucent wireless network architecture and services to support Verizon Wireless' ongoing 3G network expansion and 4G/ LTE network build out.

Under the agreement, Alcatel-Lucent will provide infrastructure solutions spanning its entire portfolio, including end-to-end CDMA and LTE radio network solutions, IP, optical and microwave backhaul and transport and complete portfolio of professional and network integration services, a company press release said. Alcatel-Lucent continues to be a major Verizon Wireless' network infrastructure supplier and the agreement builds on a long-standing relationship between the two companies.

Alcatel-Lucent is a leading player in the wireless infrastructure market, having deployed more than 350 commercial wireless networks worldwide. It is also a world leader in the design, deployment , management and integration of networks.


Source: http://timesofindia.indiatimes.com/business/india-business/Verizon-in-4bn-deal-with-Alcatel-Lucent-/articleshow/6874539.cms


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