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Technology Stocks : Alcatel (ALA) and France

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To: Steve Fancy who wrote (3553)7/19/2001 11:05:59 AM
From: Steve Fancy  Read Replies (1) of 3891
 
Alcatel, Deutsche Telekom In 3-Yr Optical Fiber Deal

Dow Jones Online News, 07/19/2001 02:02

PARIS -(Dow Jones)- French telecommunications equipment supplier Alcatel SA (ALA) said Thursday that it has signed a three-year contract to supply 1.2 million kilometers of cabled optical fiber to German telecom operator Deutsche Telekom AG (DT).

Financial terms weren't disclosed.

Delivery will begin in the middle of this year.

The contract is part of Deutsche Telekom's ongoing plans to upgrade and expand its optical networking capability, Alcatel said.

-By Valerie Venck, Dow Jones Newswires; 33-1-4017-1740; valerie.venck@dowjones.com

(This story was originally published by Dow Jones Newswires)

Copyright (c) 2001 Dow Jones & Company, Inc.

All Rights Reserved
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