Alcatel (ALA) and France Message Board

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Technology Stocks : Alcatel (ALA) and France

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To: Steve Fancy who wrote ()	1/13/2000 4:55:00 PM
From: trenzich	Read Replies (1) of 3891

LHS Group and Alcatel Sign Memorandum to Pursue Wireless and Wireline Market in China ATLANTA/FRANKFURT--(BUSINESS WIRE)--Jan. 13, 2000-- LHS and Alcatel Deepen Existing Partnership Agreement LHS Group Inc. (NASDAQ: LHSG)(Neuer Markt: LHI) and its global partner Alcatel have signed a Memorandum of Understanding to pursue wireless and wireline opportunities in mainland China. The Memorandum is in addition to the existing global partnership agreement between LHS and Alcatel. LHS and Alcatel will assemble a joint dedicated team to address billing and customer care opportunities in China. The team will be based in Shanghai and integrated into Alcatel's subsidiary there. This is the first time LHS has entered into an agreement with an existing global partner to create a joint dedicated team to pursue a specific market. "This preferred alliance for China builds on our existing and fruitful partnership with LHS," stated Jean-Pierre Gaillat, vice president heading the OSS Revenue Assurance Business Unit at Alcatel. "The numerous synergies between our two companies will give us a head start in the opening Chinese market for Customer Care and Billing for fixed and mobile operators. The joint dedicated team underscores the excellent cooperative working relationship we have with LHS, and we will continue to explore other ways to extend our partnership." "We are very pleased to deepen our existing partnership with Alcatel, and to have the opportunity to pursue the Chinese market with a joint dedicated team," commented Per Axelsson, senior vice president, Global Partner Sales, LHS. "The mainland China market has tremendous growth potential for our billing and customer care system (BSCS), but given the complexity of this market LHS could not address it without a strong player like Alcatel who already has a strong presence in China and several joint ventures with Chinese companies. Our partnership with Alcatel is one of the most productive we have, and we are confident that this move will further increase the output from this partnership."

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