America Movil Picks Alcatel For 4G Mobile Infrastructure

Date : 02/02/2012 @ 9:50AM
Source : Dow Jones News
Stock : (ALU)
Quote : 3.46  0.0 (0.00%) @ 2:05AM

America Movil Picks Alcatel For 4G Mobile Infrastructure

Alcatel-Lucent SA (ALU) said Thursday that it has been selected by America Movil (AMOV), the leading wireless services provider in Latin America, to provide infrastructure for its LTE/4G mobile network rollout in Latin America.

MAIN FACTS:

- Financial terms of the contract weren't disclosed.

- The deployment will begin with America Movil's operator Claro which will launch its high-speed mobile broadband services to subscribers in Puerto Rico in the coming weeks.

- Networks will be able to offer broadband access with speeds as high as 100 megabits per second, including HD video with video on demand, X10 higher high-speed navigation, high definition videoconferencing, online gaming and other applications.

- By Paris Bureau, Dow Jones Newswires; +331-4017-1740; xxxxxxxxx@dowjones.com

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