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Technology Stocks : Alcatel (ALA) and France -- Ignore unavailable to you. Want to Upgrade?


To: MikeM54321 who wrote (1229)2/22/2000 4:58:00 PM
From: Steve Fancy  Read Replies (1) | Respond to of 3891
 
Hey Mike, ALA and NN halted. Sounds like we're gonna hear the word in the next 30 minutes or so. At this point I want ALA to pay high<g>. Good luck to all.

sf



To: MikeM54321 who wrote (1229)2/25/2000 7:50:00 AM
From: MikeM54321  Respond to of 3891
 
Re: Alcatel in Mobile Phone Market- Bluetooth

Thread- Sounds like ALA is getting serious about the mobile phone market. Wish I could say I knew more details, but I don't. Serge did speak as if it was an important strategy for them in the Q4 CC. Alcatel is number four in the world which was a surprise to me. Especially considering all the press the mobile phone makers have been getting lately. -MikeM(From Florida)

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Alcatel lays plans for bigger global share

Feb 25, 2000 HANOVER, Germany -- The president of Alcatel SA's cellular phone division said Friday that his company is pushing into the Chinese mobile phone market. He also said the company will introduce Bluetooth technology, which allows palmtop computers to "talk" to each other, into its phones by year-end.

Speaking at the Cebit IT and telecom trade fair, Jacques Combet laid out an ambitious expansion plan, saying the French telecom equipment maker hopes to lift its share of the global cellular phone market -- excluding the U.S. and Japan -- to 10 percent in 2000 from 8 percent in 1999.

Currently Alcatel doesn't sell its cellular phones in the U.S. or Japan where the mobile phone standards differ from Europe. The upcoming third generation cellular phone technology is designed to do away with different standards in mobile communication. The U.K. government will be auctioning five third generation licenses next month.

"Third generation technology will be a great occasion to become more global." Combet said. He added that the company has no plans to enter Japan. .

But elsewhere in Asia Alcatel has big ambitions. "We want to take a position in the booming Chinese market," Combet said. Like Nokia, the world's No. 1 cellular phone maker, Alcatel is homing in on China with a strong marketing effort and the development of Internet enabled phones in the Chinese language.

Combet said the French group aims to sell 1 million cellular phones in China but didn't give a specific time period for this target. In 1999 Alcatel sold some 11 million mobile phones worldwide.

He added that Alcatel mobile phones would be introducing several new model phones this year and said that Alcatel will include Bluetooth technology by year's end. "This will enable wireless connectivity to other
devises from high end phones," he said.