Alcatel-Lucent reported a narrower net loss for the third quarter and an improved margin as cost cuts and a slower cash burn offset falling sales. However, in the company's crucial U.S. market, sales continued to fall in the period.
CenturyLink has brought consistency to all of the disparate core networks it acquired in recent years from Embarq, Qwest and Savvis by completing the deployment of Alcatel-Lucent's 7950 XRS core router into its network.
Alcatel-Lucent has taken another step to enhance its submarine cable business Alcatel-Lucent Submarine Networks (ASN) status in the oil and gas production industry segment by reaching a deal to acquire Optoplan, a provider of 4D permanent reservoir monitoring (4D PRM) solutions.
G.fast, which promises to wring fiber-like bandwidth from existing copper infrastructure, got another boost when Telekom Austria's domestic subsidiary A1 collaborated with Alcatel-Lucent to deliver speeds exceeding 100 Mbps per household to a residential customer.
It appears that NTT DoCoMo's sphere of vendors capable of supplying network functions virtualization is getting bigger. The Japanese service provider announced it has completed proof-of-concept trials using the software and equipment of six vendors: Alcatel-Lucent, Cisco, Ericsson, Huawei, NEC and Nokia Networks.
Korea Telecom is the latest service provider to make a shot in the emerging network functions virtualization (NFV) battle, employing a mix of Alcatel-Lucent and its Nuage Networks subsidiary's software defined networking (SDN) platforms.
Alcatel-Lucent said it plans to collaborate with Korea Telecom (KT) on the development and adoption of a "comprehensive Network Functions Virtualisation (NFV)-based infrastructure", as interest in both NFV and software-defined networks (SDN) continues to drive industry-wide network developments.
Nokia Networks signed a framework agreement worth $970 million (€765 million) with China Mobile that will see the Finland-based company provide TD-LTE equipment to support the further rollout of the Chinese operator's domestic mobile network.
Some companies in the mobile industry that shed thousands of jobs in recent years are now on the mend. Despite those improvements, continued shifts in the mobile market have forced thousands of workers out of their jobs this year.
Alcatel-Lucent is giving its service provider and enterprise customers a chance to figure out new potential broadband and cloud-based services by opening a new network center in Tokyo.