) recently signed a three-year agreement, whereby Alcatel will
provide high speed Internet services to Telenor's 2G, 3G and 4G
customers across Europe and Asia. The financial terms of the deal
were not disclosed.
The scope of the agreement also requires Alcatel to provide
professional services expertise such as system architecture,
design, planning and end-to-end integration and testing in order
to offer customized solutions for Telenor's end markets.
Alcatel's Internet solution adjusts video streams according to
customer's mobile device, location and subscription level.
Therefore, this service automatically reduces the amount of
bandwidth needed and enables consumers to watch more video within
their subscribed data plan. The service by Alcatel also offers an
added benefit of storing temporary copies of popular content on
Alcatel has entered into a number of new ventures in the
recent past. In India, Alcatel signed an agreement with Telenor
India to provide and manage transformation services Telenor
Group's subsidiary Telewings Communications Private Limited. In
Iraq, Alcatel inked a contract with communication service
provider Regional Telecom for setting up Iraq's first-ever,
super-fast 4G LTE technology for wireless broadband.
Alcatel currently has a Zacks Rank#4 (Sell) and is not a good
investment option at the moment. However, some other players
operating in the same industry and are worth considering for
investment purpose at the moment are Ubiquiti Networks Inc. (
), ShoreTel Inc. (
), both having a Zacks Rank #1 (Strong Buy), and Interdigital
), carrying a Zacks Rank #2 (Buy).
ALCATEL ADS (ALU): Free Stock Analysis Report
INTERDIGITL INC (IDCC): Free Stock Analysis
SHORETEL INC (SHOR): Free Stock Analysis
UBIQUITI NETWRK (UBNT): Free Stock Analysis
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