Leading communications provider
) shares rose 5.7% on Sep 25 after announcing that it will deploy
IP-based mobile backhaul network to support Korea-based
) LTE-Advanced services. Alcatel's share prices, having
consistently increased since then, now stands at $3.53 per
Alcatel-Lucent's IP mobile backhaul solution will be linking
SK Telecom's cell sites and is expected to be deployed in
October. The scope of the deal requires Alcatel-Lucent to deploy
its proven routers including 7750 Service Router (SR), 5650
Control Plane Assurance Manager and the Alcatel-Lucent 5620
Service Aware Manager (SAM).
This network will be supporting SK Telecom's LTE-Advanced, LTE
and other services and will also lead to increased customer
satisfaction by introducing new mobile services. SK Telecom
expects to provide premium broadband services with LTE-Advanced,
which is about ten times faster than 3G networks and has about
twice the speed of the conventional LTE.
This deal is in line with Alcatel-Lucent's 'The Shift Plan'
that was formulated to transform the company from being a telecom
generalist to a specialist in IP networking and Ulltra-Broadband
services. The company's investment strategy is customer centered
and is focused on consistent development of the IP-industry to
meet the customers demand while providing them with faster and
more efficient services.
Alcatel-Lucent currently carries a Zacks Rank #3 (Hold).
Relatively better players within the similar sector worth
SeaChange International Inc.
), both carrying a Zacks Rank #2 (Buy).
ALCATEL ADS (ALU): Free Stock Analysis Report
ENVIVIO INC (ENVI): Free Stock Analysis
SEACHANGE INTL (SEAC): Free Stock Analysis
SK TELECOM CO (SKM): Free Stock Analysis
To read this article on Zacks.com click here.