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Technology Stocks : Alcatel Lucent

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Mar 3 4:00 PM EST

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From: JakeStraw	10/29/2014 9:22:54 AM
	1 Recommendation Recommended By FJB Read Replies (1) of 41

Alcatel-Lucent awarded bids for its ground-breaking IP core router by China Telecom, China Unicom and China Mobile finance.yahoo.com Three biggest service providers in China choose Alcatel-Lucent's IP technology for core networking projects to meet fixed and mobile broadband access demand in the world's most populous nation China is anticipating massive growth of data and video in the coming years for residential and enterprise customers due to increasing demand for high-definition content, on-demand viewing, multi-screen delivery, the widespread use of smart-phones and tablets and the rapid adoption of cloud applications. The first scale commercial deployments of the 7950 XRS in China will enable China Telecom, China Unicom and China Mobile, to address this expected explosion of demand for capacity over the next five years, as well as supporting the operators' contributions to China's national 'Broadband China' strategy. The selection of the 7950 XRS is the result of a recent central bidding process for IP core routers. The deployments will mark the first scale commercial use of the system in China.

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