alcatel-lucent (ALALF) Key Developments
Regional Telecom and Alcatel-Lucent Launch Iraq's First 4G LTE Network
Jun 4 13
Alcatel-Lucent and Regional Telecom have celebrated the launch of Iraq's first 4G LTE network, providing under the Fastlink brand the region with a lightning-fast wireless broadband services including high-definition video streaming, high-speed Internet access and a range of business applications. Regional Telecom under the Fastlink brand is the first to offer large-scale wireless broadband services in Iraq. Alcatel-Lucent is providing its industry-leading end-to-end 4G LTE solution, including base stations, IP mobile backhaul for 4G LTE and existing 3G CDMA traffic, Evolved Packet Core (EPC) and elements of its platforms, which will allow Regional Telecom to introduce a rich portfolio of advanced IP-based services. 4G LTE technology will play a key role in helping Regional Telecom restore the region's communication infrastructure. High-speed mobile broadband network will provide significant support to ongoing efforts to revive the Iraqi economy, bringing levels of connectivity needed for business, public sector and consumer applications, particularly at a time when global demand for Internet services continues to grow.
Alcatel-Lucent, S.A. Enters into Strategic Partnership with Salora International Ltd
May 24 13
Alcatel-Lucent, S.A. entered into a strategic partnership with Salora International Ltd. The tie up will give Salora distribution and sales rights for its lineup of smart phones. Currently Alcatel has launched 4 smartphones that is Onetouch Idol, Onetouch Idol Ultra, Onetouch Glory, and Onetouch Scribe Easy. As part of the agreement Salora will be distributing Alcatel's smart phones for traditional trade in North & East India and the entire country for modern and online trade. The alliance would help Alcatel's smart phones to be available at all major retail outlets as well as all distributors and sub distributors through Salora's supply chain network.
Alcatel-Lucent and Bay of Bengal Gateway Consortium to Build Undersea Cable System Linking Middle East, Indian Sub-Continent and Far East
May 2 13
Alcatel-Lucent and a consortium composed of Vodafone Group, Dialog Axiata, Emirates Telecommunications Corporation (Etisalat), Reliance Jio Infocomm, Omantel and Telekom Malaysia, have signed a turn-key contract to deploy a new 100 Gigabit-per-second (100G) submarine cable system to connect Oman, the United Arab Emirates, India, Sri Lanka and Malaysia. The Bay of Bengal Gateway (BBG) cable system will enhance the robustness and reliability of international connectivity into and out of the six countries via landing points in Barka (Oman), Fujairah (United Arab Emirates), Mumbai and Chennai (India), Ratmalana (Sri Lanka), Penang (Malaysia) and Singapore. Commercial operation of the system is planned to start by end of 2014. It will offer an ultra high design capacity, underpinning the continued growth of new applications and services in the Middle East, the Indian sub-continent and the Far East.
Alcatel-Lucent, S.A. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013
Apr 26 13
Alcatel-Lucent, S.A. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net loss group share was EUR 353 million or EUR 0.16 per share compared to profit of EUR 259 million or EUR 0.10 per share last year. Adjusted net loss group share totaled EUR 339 million or EUR 0.15 per diluted share, while in the prior year the company had earned EUR 301 million or EUR 0.11 per diluted share. Revenues grew 0.6% to EUR 3.226 billion from last year's EUR 3.207 billion. The results included restructuring charges of EUR 122 million and EUR 152 million of financial loss, as well as purchase price adjustments of EUR 14 million after tax. Capital expenditures (incl. R&D cap.) were EUR 117 million compared to EUR 123 million a year ago. The negative operating cash-flow of EUR 144 million results from an adjusted operating loss of EUR 179 million and from a negative contribution from the working capital requirements of EUR 146 million. Operating loss was EUR 202 million compared to EUR 290 million a year ago. Adjusted operating loss was EUR 179 million compared to EUR 222 million a year ago. Cash flow from operating activities was EUR 416 million compared to EUR 39 million a year ago. Negative free cash flow was EUR 533 million compared to EUR 162 million a year ago. Net debt as at March 31, 2013 was EUR 358 million. Loss from continuing operations was EUR 368 million. Adjusted loss from continuing operations was EUR 354 million.
Alcatel-Lucent, S.A., Board Meeting, Apr 24, 2013
Apr 26 13
Alcatel-Lucent, S.A., Board Meeting, Apr 24, 2013. Agenda: To consider unaudited consolidated earnings results for the first quarter ended March 31, 2013.