Alcatel-Lucent Bags Euro 750 mn Deal from China Mobile
Alcatel- Lucent and China Mobile have signed a comprehensive frame agreement valued at up to Euro 750 mn that includes IP networking and 4G TD-LTE technology. The agreement will pave way for future network functions virtualization and cloud-based services.
The announcement coincided with a visit to France by Chinese President Xi Jinping to commemorate the 50th anniversary of French-Chinese diplomatic relations. Alcatel-Lucent has a long commitment to China and is marking the 30th anniversary of Alcatel-Lucent Shanghai Bell as a major player in China’s telecom industry.
In 2013, China Mobile had selected Alcatel-Lucent to provide its innovative lightRadio™ 4G TD-LTE overlay, Evolved Packet Core (EPC) and small cells technology to support the new 4G network.