Alcatel-Lucent (NYSE: ALU) shares inched north in today�s morning session after the company announced its partnership with other key industry players to develop lightRadio�, a new system that the company claims will replace the mobile industry�s reliance on masts and base stations.
lightRadio represents a new approach in which the base station of each cell site tower is broken into its components and then distributed into the antenna and throughout a cloud-like network.
Benefits of the technology include reducing the carbon footprint of mobile networks by more than 50%, reducing mobile operators� ownership costs by up to 50%, and improving user services by significantly increasing bandwidth by utilizing the deployment of small antennas.
Alcatel-Lucent last week announced it was elected by the South East Asia-Middle East- Western Europe 4 co-owners for their network expansion project. Alcatel-Lucent will work alongside Ciena Corp. (Nasdaq: CIEN), which has also been chosen for the network expansion project.
Alcaltel-Lucent said that it has been selected for an upgrade to 40G transmission of all the submarine segments. Meanwhile, Ciena will supply switching equipment for all 16 cable landing sites.
The deployment will begin in the current quarter and is expected to provide significant capacity increase to the present cable system. The existing system supports the delivery of high-speed internet and broadband services along the 20,000 km route that connects Europe to the Middle East and South East Asia.
Alcatel-Lucent climbed less than 1% to $3.45 in today�s morning session.
Alcatel-Lucent shares have a 52-week range of $2.25-$3.73, and are currently trading above their 50-day and 200-day moving averages. In the last year, the shares gained 1.48%. ALU shares are expected to remain in focus ahead of the announcement of the company�s fourth-quarter 2010 financial results Friday, February 11, 2011.
ALU is a Paris, France-based provider of products, solutions and transformation service offerings, which allow service providers, enterprise, governments and strategic industries worldwide to deliver voice, data and video communication services to consumers.
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