PARIS, March 27, 2014 /PRNewswire/ -- Alcatel-Lucent (Euronext Paris and NYSE: ALU) and China Mobile (CMCC), the world's largest mobile operator, today announced a one-year comprehensive frame agreement valued at up to Euro 750 million to provide technology that will move the world's largest mobile service provider to an all-IP ultra-broadband network paving the way for future network functions virtualization (NFV) and cloud-based services.
The announcement coincides with a visit to France by Chinese president Xi Jinping to commemorate the 50 th anniversary of French-Chinese diplomatic relations. Alcatel-Lucent has a long commitment to China and is marking the 30 th anniversary of Alcatel-Lucent Shanghai Bell as a major player in China's telecom industry.
Today's significant agreement builds on an already long-standing relationship between China Mobile and strengthens Alcatel-Lucent's critical role in the world's largest mobile network. In 2013, China Mobile selected Alcatel-Lucent to provide its innovative lightRadio™ 4G TD-LTE overlay, Evolved Packet Core (EPC) and small cells technology to support the new 4G network.
At Mobile World Congress 2014, China Mobile and Alcatel-Lucent demonstrated their progress in the development of network functions virtualization (NFV) for mobile operators. Using Alcatel-Lucent's virtualized proof of concept LTE radio access network (RAN) Baseband Unit (BBU) and its virtualized evolved packet core (vEPC) in a multi-vendor environment, the companies demonstrated how an open mobile cloud network enhances agility, efficiency and scale.Key Facts:
- China Mobile is the world's largest mobile operator and reaches more than 750 million subscribers across the country.
- Alcatel-Lucent has had a major presence in China for more than 30 years through Alcatel-Lucent Shanghai Bell.
- Agreement makes Alcatel-Lucent a key provider of technology ranging from IP networking to ultra-broadband access, including, but not limited to:
- Wireless ultra-broadband access technology, such as lightRadio 4G TD-LTE overlay and upgrades to existing networks in preparation for 4G TD-LTE deployment as well as the lighRadio Metro Radio Outdoor (MRO) Small Cells co-created by China Mobile and Alcatel-Lucent.
- IP Networking, such as Evolved Packet Core (EPC), IP routing technology and next generation optics transmission, such as OTN 100G technology.
- Fixed ultra-broadband access technology, such as GPON.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- 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 + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV