Alcatel wins 270-million-euro order from Telstra of Australia
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French telecommunications equipment provider Alcatel has received an order worth 270 million euros (460 million Australian dollars, 347 million US dollars) from Australian telecom giant Telstra, the two companies have revealed.
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Alcatel CGEP.PA has expanded its  foothold in the key North American market with the acquisition  of a mobile software provider and a conference technology  business for $277 million.
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Network equipment companies Alcatel SA  and Lucent Technologies Inc.  said on Thursday they had completed their merger, creating one of the world's biggest suppliers of network equipment for mobile phones and high-speed Internet communications.
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By staff writers and wires. THE nationn&#39;s biggest telco, Telstra Corp, is offering shareholders up to $4.65 per share in a off-market buyback worth $750 million.
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The deal follows Alcatel&#039;s April plan to acquire Lucent  Technologies Inc. to create the world&#039;s top telecoms gear maker  by annual sales, and comes years after Wall Street analysts  have called for mergers in the crowed sector.
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Singapore Telecommunications' Australian unit Optus and Vodafone announced an agreement on rolling out a shared third-generation (3G) mobile phone network in Australia.
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Alcatel  has expanded its foothold in the key North American market with the acquisition of a mobile software provider and a conference technology business for &#36;277 million.
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Telecoms giant Telecom Italia is expected to pay 20bn euros ($26.7bn; Â£13.8bn) for the 44% it does not already own of its mobile arm.
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Building on a longstanding relationship, Alcatel (Quote, Chart) will help China Telecom deploy 1.3 million DSL (define) lines, the latest in a slew of recent industry deals from emerging markets.
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SYDNEY: Telstra showed its long-serving CEO the door on Wednesday as the Australian government gears up for the A$30bn ($23bn) full privatisation of the countryâs biggest telecom group.
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By PULLAR-STRECKER Tom  RISING demand for broadband in Australia and New Zealand has helped the consortium that owns the Southern Cross Cable sell a further US$310 million (NZ$443 million) of capacity on the communications artery during the past six months.
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By LAURENCE FROST  PARIS - Alcatel's purchase of U.S. rival Lucent Technologies Inc.
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Alcatel CGEP.PA shareholders on   Thursday approved the French telecoms equipment provider's   all-share acquisition of U.S. rival Lucent LU.N, putting an   end to weeks of debates about the deal's merits.
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TELSTRA will remain firmly in Australian hands even after the Government sells its shares in the company, Treasurer Mr Peter Costello said yesterday.
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French telecommunications equipment provider Alcatel says it plans to buy Canadian firm Nortel's third-generation mobile telephone business and related assets for 320 dollars (410 million euros).
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Australian telecoms giant Telstra has launched a new 3G mobile broadband network as the firm moves to bolster investor confidence ahead of a troubled share sale.
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Telecoms giant Ericsson said Wednesday it had won a 2.0-billion-dollar network expansion order from India&#39;s Bharti Airtel, the largest order ever received by the Swedish company.