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Technology Stocks : Alcatel-Lucent (ALU)

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Mar 3 4:00 PM EST

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From: Sam	5/29/2011 7:51:52 PM
	of 176

Alcatel-Lucent to develop light radio tech for India Wed May 25, 2011 1:35 pm seekingalpha.com May 25--MUMBAI: Communications gear maker Alcatel-Lucent is exploring co-development of its Light Radio technology with Indian mobile operators that have permits for offering fourth-generation services on long-term evolution (LTE) technological platform, a senior executive said. Light Radio is a palm-sized base station shaped like a cube that can reduce operating expense by 60 percent and electricity consumption by 50 percent when deployed by telcos and can be strung to electricity poles or buildings. Alcatel-Lucent launched the Light Radio at the Mobile World Congress in Barcelona in February indicating its effectiveness in markets such as India and China. Last month, the company agreed to jointly develop the Light Radio solution for the Chinese market with China Mobile, the world's largest telecom company by subscribers. Alcatel-Lucent's president for wireless Wim Sweldens told ET that the company is keen on creating a similar agreement with Indian service providers. "We're here to work together with customers (read operators) around the Light Radio's capabilities on the heels of the LTE employment starting end of this year and next year. We want to develop it with our customers," Sweldens said on Monday. ___ To see more of The Economic Times, or to subscribe to the newspaper, go to economictimes.indiatimes.com

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