360networks, Alcatel to link cable network to Japan

Article Abstract:

Vancouver, BC-based 360networks and France's Alcatel S.A. have formed a strategic alliance to construct a fiber optic network that will link Japan and North America. The $1.6 billion transpacific network agreement includes a plan for Alcatel to buy a 5% stake in 360networks.

author: Kennedy, Peter
Japan, Strategic alliances, British Columbia, 360networks Inc., ALA

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360networks buoyed by word of Alcatel plan

Article Abstract:

Alcatel SA of France has expressed its willingness to continue working with 360networks Inc. The firm is looking at a new business plan for 360networks even though it has decided to take an undisclosed writedown relating to a $700-million (U.S.) investment in the company.

author: Kennedy, Peter
Canada, Capital expenditures, Contracts & orders received, Radio & TV communications equipment, Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, Cellular Mobile Tel Equip, Wireless telephones, Contracts, Cellular telephone equipment industry, 360 Networks Inc.

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Alcatel close to deal to buy Lucent

Article Abstract:

Alcatel SA's planned acquisition of Lucent Technologies Inc. is near a close.

author: Deogun, Nikhil, Berman, Dennis K.
United States, Foreign operations, Lucent Technologies Inc., LU

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subjects list: Mergers, acquisitions and divestments, France, Telecommunications equipment industry, Telecommunications systems, Fiber optic networks, Compagnie Financiere Alcatel, Fiber optics industry
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