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Technology Stocks : Alcatel (ALA) and France

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To: Steve Fancy who wrote (74)10/6/1998 12:08:00 PM
From: Steve Fancy   of 3891
 
Alcatel and Fujitsu Land US$800 Million Contract for a Transpacific Network

BusinessWire, Tuesday, October 06, 1998 at 11:54

PARIS--(BUSINESS WIRE)--Oct. 6, 1998--Alcatel and Fujitsu have
been awarded the supply contract for the US$800 million transpacific
Southern Cross Cable Network, the largest and most direct cable link
between Australasia and the United States.
The contract, signed in Wellington, New Zealand, was awarded by the
sponsors of the network : Telecom New Zealand, Optus and WorldCom.
Alcatel will be responsible for the major part of the total contract
and will be supplying undersea electronics, the cable, and all
terminal equipment in the landing stations, including the SDH
transmission network equipment and the end-to-end network management
system, for the 29,000 km project.
The network will be the longest self-restoring fibre optic network
to cross the Pacific and will connect the USA, Hawaii, Fiji, New
Zealand and Australia. The first phase, linking Australia and New
Zealand via Hawaii to the United States, will be completed by end
1999 with the second phase linking the US back to Australia via
Hawaii and Fiji due for completion in the year 2000.
The dual cable system will use wavelength-division multiplexing
(WDM) and will give an initial minimum capacity of 40 Gbit/s on each
fibre pair. At least three fibre pairs will be equipped making
Southern Cross the largest capacity network in commercial operation
when it starts carrying traffic.
Christian Reinaudo, president of Alcatel's submarine networks
business said, "We are delighted that, once again, we shall be
associated with supplying leading technological solutions to help
meet the continuing growing demands for data transmission capacity.
The first phase of Southern Cross will be the first implementation of
an undersea system that has been designed from the outset to operate
over 16 wavelengths and the whole network is scheduled for completion
in time for the Sydney Olympics!"
A world leader in telecommunications systems and equipment, as well
as related cables and components activities, Alcatel operates in over
130 countries. Alcatel provides complete solutions and services to
operators, service providers, enterprises and consumers, ranging from
backbone networks to user terminals. For more information, visit
Alcatel on Internet : alcatel.com.

CONTACT: Press office:
Alcatel Corporate
Pascale Strubel
Tel.: 33 (0)1 40 76 12 69
pascale.strubel@alcatel.fr
or
Alcatel Submarine Networks
Lesley Hepden
Tel. : 44 (0)181 293 2413
lesley.hepden@asn.alcatel.co.uk
or
Investors relations:
Claire Pedini
Tel : 33.(0)1 40 76 13 93
Claire.pedini@alcatel.fr

KEYWORD: NEW YORK
INDUSTRY KEYWORD: TELECOMMUNICATIONS COMPUTERS/ELECTRONICS
COMED

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Copyright 1998, Business Wire
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