Alcatel-Lucent signs $6b deal from Verizon

Alcatel-Lucent signed a $6 billion contract with Verizon Wireless to help the US-based mobile phone service provider expand its network and offer new services, an Associated Press report said.

The Associated Press report said the three-year deal calls for Paris-based Alcatel-Lucent to supply equipment, software and additional services for improvements at Verizon Wireless, a joint venture between Verizon Communications and Vodafone Group that is based in Basking Ridge, New Jersey.

Work by Alcatel-Lucent will allow Verizon Wireless to increase the coverage and capacity of its high-speed network and introduce new services such as VoIP and mobile video telephony, the companies said, the report further said.

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