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Technology Stocks : Alcatel-Lucent (ALU)
ALU 3.4600.0%Mar 3 4:00 PM EST

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From: Sam5/29/2011 7:24:54 PM
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Is anyone else interested in ALU these days? Although I don't expect the stock to actually boom any time soon, I have started a small position, and will add to it over time and as it goes down (if it goes down), in good part due to lightRadio and partnerships such as the one below, and market share gains in CDMA (in previous article).

The stock is $5.63, as of Friday's close.

Alcatel-Lucent and China Mobile to Co-Develop Future Mobile Technologies
By: David Ng | 20th Apr 2011
cellular-news.com

­Alcatel-Lucent and China Mobile have announced a joint memorandum of understanding to develop Alcatel-Lucent's lightRadio technology.

The two companies will work on the evolution of mobile network architectures leveraging and integrating China Mobile's Cloud-RAN and Alcatel-Lucent's lightRadio and antennas technology.

The MoU also allows for the evolution of core network structure on the basis of network virtualization and to develop technologies and approaches for alternative energy use to achieve green ICT.

It was not clarified if any joint ventures are being set up or any financial implications of the MoU.
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