Alcatel (ALU) May Win 'Small Cell' Contract with Major Telecom (QCOM)
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Amid recently announcing plans to cut 10,000 jobs, Alcatel-Lucent (NYSE: ALU) might be in talks to land a contract with a major domestic telecommunications company.
Reuters India said today that Alcatel's deal would involve implementations of
News comes following a recent $135 million research deal between Alcatel and Qualcomm (Nasdaq: QCOM) for the development of miniature base stations, known as small cells. Those small cells have the capability to boost coverage in the range of 10 to 200 meters, a low-cost way for telecoms to expand coverage.
Shares of Alcatel are up 0.5 percent in early trading Thursday.
Reuters India said today that Alcatel's deal would involve implementations of
small cellsto help improved wireless coverage provided by the telecom.
News comes following a recent $135 million research deal between Alcatel and Qualcomm (Nasdaq: QCOM) for the development of miniature base stations, known as small cells. Those small cells have the capability to boost coverage in the range of 10 to 200 meters, a low-cost way for telecoms to expand coverage.
Shares of Alcatel are up 0.5 percent in early trading Thursday.
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