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


To: zbyslaw owczarczyk who wrote (2421)9/21/2000 2:06:03 PM
From: Steve Fancy  Read Replies (1) | Respond to of 3891
 
To buy today, or not to buy<g>? Looks like it bounced off support at 65.5, but sure would like to see it close over 70.

sf



To: zbyslaw owczarczyk who wrote (2421)9/21/2000 4:37:32 PM
From: Steve Fancy  Respond to of 3891
 
Alcatel Secures Three Major LMDS Contracts in Spain, Uruguay and US

BusinessWire, 09/21/2000 16:00

PARIS--(BUSINESS WIRE)--Sept. 21, 2000--

Strengthens Alcatel's Ownership

of Broadband Access Market

Alcatel (Paris: CGEP.PA and NYSE:ALA) will today announce that three customers located around the world have selected its broadband wireless solution, further enhancing its leadership position in the LMDS market. This comes less than a month after Dell'Oro Group reaffirmed Alcatel's leadership in ADSL, the wireline solution for many operators around the world, giving the company more than 54.2 percent of this fast-access market (more than three times that of its nearest competitor).

The customer wins announced today underscore Alcatel's global presence. In Europe, Alcatel has won a contract with Retevision of Spain. In the Americas, Alcatel will announce that BellSouth in Uruguay and Farmer's Telephone in the US have selected its LMDS solution.

"Today's announcements mark an important milestone in Alcatel's drive to capture, aggregate and switch the greatest share of the world's broadband traffic," said Pearse Flynn, president of Alcatel's Carrier Networking Group. "Providing reliable, profit-generating, high-speed access to the customer is critical to a service provider's success. This is critical to Alcatel's success as well: a surge in traffic flowing from the customer to the central office means more Alcatel equipment throughout the network, as these wins indicate."

"These wins confirm that Alcatel offers the most complete broadband wireless access solutions available on the market for mass deployment," said Jean-David Calvet, Alcatel's executive vice-president of Fixed Wireless.

Indeed, Alcatel already has more than 100 commercial and trial broadband wireless network rollouts totaling an impressive 3,000+ base station sector deployments. With spectrum still being awarded in many countries around the world, the potential for growth in the broadband wireless market is huge.

"Global service revenues for broadband wireless are projected to reach US $16 billion by 2004," said Jamie Mendelson, senior analyst, Strategis Group. "This represents a compound annual growth rate of 140 percent."

About Alcatel

Alcatel builds next generation networks, delivering integrated end-to-end voice and data networking solutions to established and new carriers, as well as enterprises and consumers worldwide. With 120,000 employees and sales of EURO 23 billion in 1999, Alcatel operates in more than 130 countries. For more information, visit Alcatel on the Internet: alcatel.com

CONTACT: Alcatel