) recently announced that its 4G LTE offerings have been selected
by the Mexico based wireless provider
) for rolling out the network in the Dominican Republic.
The scope of the contract requires Alcatel-Lucent to deploy the 4G
LTE overlay network for America Movil's subsidiary - Claro
Dominican Republic. This will enable the speedy set up of
ultra-broadband mobile access services for enhancing the multimedia
applications like high-definition video, high definition
videoconferencing, video-on-demand, online gaming as well as
significant improvement in high-speed navigation.
Alcatel-Lucent will be using its advanced technologies like LTE
Radio Access Network (RAN), 9471 Wireless Mobility Manager along
with its 5620 Service Aware Manager (SAM) to ensure high quality
and reliability of the network.
The contract is the most recent among the initiatives taken by this
world's third largest wireless provider to bring 4G LTE in Latin
America that started in 2012 from its Claro Puerto Rico division.
Alcatel-Lucent's 4G LTE network will benefit about 80% of Dominican
Republic's population covering most of the region.
Prior to this, Alcatel-Lucent had deployed an end-to-end 4G LTE
network for another division of America Movil - Claro Uruguay. Such
contracts are a strategic fit as they enable Alcatel-Lucent to
broaden its presence to new markets like these in Latin America.
Alcatel-Lucent had initiated The Shift Plan in 2013, under which it
succeeded in repositioning and establishing itself as the
specialist in IP and Cloud networking, ultra broadband fixed and
mobile access. Now halfway through the plan, Alcatel-Lucent has
already shifted its focus from the older technologies (2G and 3G
wireless equipment) to high potential newer ones like 4G LTE and
The company is gaining market share in the wireless and broadband
market by leveraging innovation and providing high-quality
services. Recently, its research wing- Bell Labs achieved a
10 gigabits-per-second (Gbps) new broadband speed record using the
existing infrastructure. This achievement is remarkable as it
illustrates how existing copper access networks can be utilized to
provide high-speed ultra-broadband access services.
Alcatel-Lucent currently carries a Zacks Rank #3 (Hold). Other
better-ranked stocks in the industry that can be considered at
), both of which carry a Zacks Rank #2 (Buy).
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