This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Alcatel-Lucent Awarded TDD-LTE Contract By Sprint To Support Its 2.5GHz 4G LTE Expansion In The United States

PARIS, Oct. 30, 2013 /PRNewswire-FirstCall/ -- Alcatel-Lucent (Euronext Paris and NYSE: ALU) has been selected by Sprint for its new ultra-broadband TDD-LTE mobile access network, making use of newly-acquired 2.5GHz spectrum in the U.S.

Sprint's choice of TDD LTE for this network expansion will be the first use of the technology in a national deployment in North America. TDD LTE's capabilities will allow Sprint to deliver immense capacity to its customers in the United States in support of next-generation services and applications, such as gaming and high-definition video streaming.

Sprint's selection of Alcatel-Lucent follows the announcement last month of China Mobile choosing Alcatel-Lucent's TDD LTE solution, demonstrating the technology's growing momentum and Alcatel-Lucent's increasing footprint in LTE overall.

Key facts:

  • Sprint is deploying Alcatel-Lucent's LTE solution, which includes its:
    • lightRadio Radio Access Network (RAN) 
    • antennas and cabling
    • a complete set of professional services such as radio frequency (RF) design, system integration and optimization, site acquisition and construction.
  • 4G LTE is a key element of The Shift Plan, Alcatel-Lucent's industrial strategy to become a specialist vendor of IP Networking and Ultra-Broadband Access.

Quotes:

Bob Azzi, Senior Vice President, Network for Sprint, said: "This is a significant step for Sprint as we continue to grow our network and pursue our goal to offer customers the fastest, most powerful mobile broadband network available anywhere.  Having worked hand-in-hand with Alcatel-Lucent throughout the Network Vision and initial 4G LTE rollout, we have confidence in its technology and its people to help introduce this new era of high-speed broadband access."

Charles Marsh, President, North America Sales for Alcatel-Lucent , said: "Sprint is placing its confidence in our strategy for 4G LTE. Based on our efforts to support Network Vision, we have the capabilities and technology to bring about this next step in mobile network evolution. We look forward to supporting Sprint's vision to greatly expand mobile broadband coverage with TDD LTE technologies that will provide customers with a consistent, high-quality experience no matter where they may be, such as heavily populated urban areas and inside commercial and residential buildings." 

Additional resources:

ABOUT ALCATEL-LUCENT (EURONEXT PARIS AND NYSE: ALU) Alcatel-Lucent is at the forefront of global communications, providing products and innovations in IP and cloud networking, as well as ultra-broadband fixed and wireless access to service providers and their customers, enterprises and institutions throughout the world.

Underpinning Alcatel-Lucent in driving the industrial transformation from voice telephony to high-speed digital delivery of data, video and information is Bell Labs, an integral part of Alcatel-Lucent and one of the world's foremost technology research institutes, responsible for countless breakthroughs that have shaped the networking and communications industry. Alcatel-Lucent innovations have resulted in the company being recognized by Thomson Reuters as a Top 100 Global Innovator, as well as being named by MIT Technology Review as amongst 2012's Top 50 "World's Most Innovative Companies". Alcatel-Lucent has also been recognized for innovation in sustainability, being named Industry Group Leader for Technology Hardware & Equipment sector in the 2013 Dow Jones Sustainability Indices review for making global communications more sustainable, affordable and accessible, all in pursuit of the company's mission to realize the potential of a connected world.

With revenues of Euro 14.4 billion in 2012, Alcatel-Lucent is listed on the Paris and New York stock exchanges (Euronext and NYSE: ALU). The company is incorporated in France and headquartered in Paris.

For more information, visit Alcatel-Lucent on: http://www.alcatel-lucent.com, read the latest posts on the Alcatel-Lucent blog http://www.alcatel-lucent.com/blog and follow the Company on Twitter: http://twitter.com/Alcatel_Lucent.

 

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,099.25 +28.03 0.16%
S&P 500 1,979.87 +2.07 0.10%
NASDAQ 4,512.2410 +6.3890 0.14%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs