Saturday, December 5, 2009

Alcatel-Lucent consortium wins Colombian submarine cable deal

Dec 04, 2009 (Datamonitor via COMTEX) -- ALU | Quote | Chart | News | PowerRating -- An Alcatel-Lucent consortium has won a contract from Bella Vista Trading Services and Energia Integral Andina to lay a submarine cable in Colombia. Financial terms of the deal were not disclosed.
Under the deal, the consortium will lay an 815 km submarine cable network to bring Tolu in the Colombian mainland closer to the San Andres Island with advanced broadband connectivity in 2010. It said the system will support IP-based services and applications, such as on-line tourism services, and e-education and e-government solutions.

Alcatel-Lucent's partner on the consortium is Canada-based marine services provider IT International Telecom. While Alcatel-Lucent will design, manufacture and commission the system based on its dense wavelength division multiplexing (DWDM) technology and cables, IT International Telecom will design the route and perform marine surveys and installation of the submarine cable system.

Romano Valussi, president of optical and submarine networks at Alcatel-Lucent, said: "Further strengthening our presence in the region, this new project will contribute to the robustness, efficiency and capacity of the global communications infrastructure and broadband penetration in areas where it is still limited."

In September, Alcatel-Lucent won a $30m contract from the Mozambique state-owned telecommunications company Telecomunicacoes de Mocambique to deploy the third phase of the country's 5,500 km national transmission network to connect citizens and companies in the country to the worldwide submarine network.


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For full details on Alcatel-Lucent (ALU) click here. Alcatel-Lucent (ALU) has Short Term PowerRatings of 6. Details on Alcatel-Lucent (ALU) Short Term PowerRatings is available at This Link.

Source: tradingmarkets.com/

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