Alcatel-Lucent ALU won a contract from Telecom Italia for offering its 100 gigabit/ second agile optical networking technology. This solution of Alcatel-Lucent agile optical networking possesses expertise in helping service providers significantly advance their transport networks to cater to rising data services demand.
As per the contract, Alcatel-Lucent will deploy 1830 Photonic Service Switch – its market leading product – to aid Telecom Italia transform its core and metro network, enabling the evolution to IP services. Notably, the 1830 Photonic Service Switch offers the perfect blend of flexibility and efficiency to operators that assist them in simplifying and speeding up new service introduction and management.
With the utilization of Alcatel-Lucent’s agile optical networking technology, Telecom Italia can boost its offering of lucrative backhaul solutions for residential ultra-broadband access as well as delivery of low-latency, high-performance services to its business customers.
We are encouraged with Alcatel-Lucent’s latest contract win, given the leading position of Telecom Italia on Italian soil. This depicts Alcatel-Lucent’s technology leadership in the IP and optics domain.
Of late, Alcatel-Lucent has been strategizing on expanding its business on a varied spectrum through a spate of deals and investments. This month, the company secured an important contract from China Railway to upgrade the existing network of rail lines in Beijing and Nanning Railway Bureaus. Also, Alcatel-Lucent scaled a new level of technological success in the field of subsea communications by extending the coverage of traditional unrepeatered cable systems. Apart from these, the company inked an agreement with KPN and Windstream Holdings, Inc.
We believe that these deals hold considerable promise and will step up Alcatel Lucent’s market share going forward.
Alcatel-Lucent currently carries a Zacks Rank #3 (Hold). Better-ranked stocks in the same space include ClearOne, Inc. CLRO, KVH Industries Inc. KVHI and Gigamon Inc. GIMO. While KVH Industries and Gigamon sport a Zacks Rank #1 (Strong Buy), ClearOne has a Zacks Rank #2 (Buy).
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