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

To: zbyslaw owczarczyk who wrote (2733)	11/3/2000 10:12:00 AM
From: Mike K	Read Replies (2) \| Respond to of 3891

Zbyslaw; The 360 deal is one way for Alcatel to keep it's cable laying ships busy! I'm sure this was posted a few months ago. Cheers, Mike Thursday August 17, 3:03 pm Eastern Time Press Release Alcatel to Acquire Tele Danmark's Marine Division Alcatel Strengthens Its Unique Marine Installation and Maintenance Services for Submarine Networks PARIS--(BUSINESS WIRE)--Aug. 17, 2000--Alcatel, the world leader in optical networking, today announced that it has entered into a definitive agreement to acquire Tele Danmark's marine division. Through this acquisition, Alcatel will reinforce its marine capabilities for submarine networks by managing five cable vessels. Alcatel will thus be in a position to offer unique installation and maintenance services to its customers. The transaction is worth approximately EURO 121 million. Thanks to this acquisition, Alcatel will handle five state-of-the-art vessels ideally suited to different kinds of submarine network operations, covering both cable installation and system maintenance. Based in Copenhagen, Denmark, this unit, which counts approximately 200 people, will become the key submarine network maintenance management center of Alcatel. ``The acquisition of Tele Danmark's Marine division shows Alcatel's willingness to directly manage its own fleet comprising state-of-the-art cable vessels with highly qualified crew on board. This will allow us to provide our customers with exclusive installation and maintenance services,'' said Christian Reinaudo, president of Alcatel's Optics Group. ``With Tele Danmark's team, we will be joined by highly experienced people regarding marine activities, a key asset in today's submarine network market to serve our customer in due time and with the highest level of quality.'' ``We are pleased to see our marine business join Alcatel since they are the world leader of the booming submarine network market,'' said Henning Vest, executive vice-president of Tele Danmark. ``We have a strong know-how in this field, having a comprehensive track record and an operational excellence well recognized in the industry.'' Closing of the transaction will be subject to customary conditions, and is expected for October 2000. About Alcatel In November 1999, RHK, a leading telecommunications analyst firm, said that Alcatel holds a 21 percent share -- the number one position -- of the world's total transport market, which comprises submarine and terrestrial transmission systems. RHK noted that Alcatel's market-leading 37 percent market share in the submarine networks segment helped secure the top position in the total transport market. In addition, RHK found that Alcatel commands a 37 percent share of the digital cross-connect systems (DCS) segment. Cross-connect systems contain the enabling technology for operators to offer high bandwidth services. Alcatel is also cited as the global leader in terms of DWDM market share for the global market encompassing both terrestrial and submarine applications. Alcatel is the world leader in delivering full turnkey submarine network solutions and services. Alcatel leads this industry in terms of: -- having the highest sold capacity up to 5.12Tbit/s for the long-haul systems and 3.6Tbit/s for the short-haul ones, using the latest DWDM technology; -- having the largest manufacturing capacity at 85,000 km per year strategically located around the globe; -- using nine dedicated purposed-designed vessels for a tight control on the delivery schedule. Current contracts, worth US$ 4.5+ billion, include the most advanced undersea networks in the world today: Atlantica-1 and FLAG Atlantic-1 systems in the Atlantic, the FLAG Pacific-1, Japan-US and Southern Cross transpacific systems, and the MAC and MAYA-1 systems in the Americas and the SAT-3 around Africa.