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

To: Steve Fancy who wrote (1751)	5/9/2000 7:26:00 AM
From: zbyslaw owczarczyk	Read Replies (2) \| Respond to of 3891

Telia signs a contract of 90 million with Alcatel and Nokia for the fast Internet STOCKHOLM, May 9 (AFP) - Telia, the Swedish public operator of telecommunications, signed an outline agreement of 750 million Swedish crowns (90 M EUR) on the fast Internet with the French equipment suppliers Alcatel (Paris: 13000.PA - topicality) and Finnish Nokia (Paris: 5838.PA - topicality), brings back Tuesday the Swedish news service TT. The contract relates to the delivery of hardware in Telia CarrierNetworks for the construction of lines of access to the Internet with high flow of the type ADSL, specifies TT. At mid-March, Sweden decided to invest 17 billion crowns during four next years in a wiring of its territory intended to provide a fast access to the Internet to all, an infrastructure considered as major strategic equipment by the government. Last year, a governmental commission had quantified to 80 mds SEK the cost of a national network with broadband offering a flow from 10 to 100 megabits a second (Mbit/s) in the two directions. The connections with the Internet by modem via the fixed telephone lines are currently limited to 56 kilobits a second (Kbit/s).