Vodafone and Alcatel-Lucent Cooperate to Deliver 32nd America's Cup Competition Live to Mobile Users in Spain
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VALENCIA, Spain, June 1  /PRNewswire-FirstCall/ -- Vodafone and Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced a cooperation agreement to deliver the award-winning America's Cup Live Sailing service developed by Alcatel-Lucent in Vodafone's mobile portal.
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4G or not to be 3GSM Mobile carriers risk been leapfrogged by new entrants unless they work together to speed up the development of technologies such as mobile payments, according to Vodafone chief exec Arun Sarin.â¦
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Vodafone Group Plc has selected the former UK incumbent, BT Group Plc, as its fixed-line partner as the world's largest mobile operator catches up with its rivals and starts to offer its UK consumer base a broadband offering.
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TELCOS Optus and Vodafone Australia will combine to create a national 3G mobile network, just three weeks after rival Telstra Corp entered a similar deal.
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Vodafone Group PLC launched high-speed Internet services for mobile phones across much of Europe on Wednesday, ending a wait of several years since the world's biggest cell phone company spent billions for new wireless licenses at the height of the technology bubble.
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Internet company Yahoo and Latin  America's top mobile phone company America Movil said on  Thursday they have struck a deal to provide mobile Web services  to 16 countries in Latin America and the Caribbean.
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(InfoWorld) - Alcatel-Lucent, a global communications giant with combined annual revenue of more than US$24 billion, will debut Friday after a sometimes rocky engagement between Alcatel SA and Lucent Technologies Inc. The deal closed Thursday,Â about eight months after it was announcedÂ and followingÂ national security concerns,Â investor lawsuitsÂ and one close shareholder vote. On Friday, the company is set to begin trading on the Euronext Paris exchange and the New York Stock Exchange under the ticker symbol ALU. Both companies were among the largest suppliers of wired and wireless infrastructure, and the combined entity boasts impressive statistics: 79,000 employees in 130 countries, about 23,000 of whom work in research and development, a services team of more than 18,000, and customer relationships with the 100 largest service providers in the world. The consolidation comes as carriers, the consumers of telecommunications gear, also combine into fewer and bigger entities. The new company will be incorporated in France and based in Paris but run by Chief Executive Officer Patricia Russo, the American outgoing chief of Lucent. Alcatel head Serge Tchuruk is a non-executive chairman of the board. Both were appointed Thursday. Bell Labs, Lucent's venerable research unit, will remain in New Jersey and a special business will be set up to handle sensitive U.S. government contracts. Alcatel will sell its satellite business to ease national security concerns in France. The deal came under fire from some investment firms and shareholders. In September, Lucent settled two proposed class-action lawsuits by investors that threatened to delay its shareholder vote, and the deal then passed with less than 52 percent of the vote. The last key hurdle was approval by the U.S. Committee on Foreign Investment In the U.S. (CFIUS), which earlier this month signed off on the deal on the condition that the companies execute national security agreements with certain U.S. government agencies. Alcatel-Lucent expects to gain significant savings within three years from cutting about 9,000 jobs, consolidating support functions, optimizing its supply and procurement system and leveraging its research and services operations across a larger base. The company will discuss the news on a webcast on Friday at 1 p.m. Central European Time (12 p.m. GMT).
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LONDON -- Vodafone Group PLC, the world's largest mobile phone network operator, said Monday it agreed with Internet search leader Google Inc. to develop maps for mobile telephones.
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Mobile operators at the 3GSM World Conference in Barcelona are expected to discuss how they can work together to boost new mobile advertising services.
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Palm Inc. PALM.O on Tuesday unveiled   a new smart phone under a partnership with British mobile phone   giant Vodafone Plc VOD.L, marking Palm's biggest effort to   get a foothold in the European market.
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British operator Vodafone announced Monday at the industry's annual trade show in Barcelona that it would launch a money transfer service in Afghanistan after the successful introduction of a similar initiative in Kenya.
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Vodafone is to kick-start a global push into 3G with an array of mobile phones that is likely to outstrip the range of handsets being sold by many of its rivals.
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Vodafone's U.K. mobile customers join U.S. customers in the ability to view and upload videos to Google's YouTube.
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(InfoWorld) - Shareholders of Alcatel SA and Lucent Technologies Inc. approved the companies' merger plansÂ Thursday, clearing one of the last hurdles to a mammoth consolidation in the communications equipment business. The merger scraped by at Lucent's special shareholder meeting Thursday in Wilmington, Delaware. It required 50 percent of the vote and received 51.97 percent, according to spokesman John Skalko. Alcatel, meeting in Paris, required a two-thirds vote of shareholders. All resolutions related to the merger were approved by at least 85 percent of the Alcatel shareholders who voted, said Alcatel spokesman Charlie Guyer. The two networking and telecommunications equipment manufacturers announced their intention to merge in April. The combined entity will have annual revenue of around â¬21 billion (US$25 billion), based on the companies' 2005 financial results. Lucent Chief Executive Officer Patricia Russo will become CEO of the combined company, which is to be called Alcatel Lucent, while Alcatel CEO Serge Tchuruk will become a non-executive chairman. Lucent, based in Murray Hill, New Jersey, is incorporated in Delaware. The merged company will be based in Paris, Alcatel's hometown. Alcatel and Lucent expect that the merged entity will make annual cost savings of about â¬1.4 billion, around half of that from job cuts. They plan to cut 9,000 from their combined payroll of 88,000. The U.S. Federal Trade Commission approved the deal in June, and the European Commission gave its consent in July. The largest remaining obstacle is convincing the Committee on Foreign Investment in the U.S. that the deal presents no threat to national security. To allay such fears, Lucent will set up a separate subsidiary run by U.S. citizens to handle sensitive research and development work for the U.S. government, while in France, Alcatel agreed to sell its satellite business to French aerospace electronics group Thales SA for similar reasons. The proposed deal has run into opposition from some investment companies and shareholders. Lucent announced on Friday it had settled two shareholder lawsuits that could have delayed Thursday's vote. Shares of both companies have fallen from their April levels, though they have made some gains in the past few weeks.
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Vodafone yesterday began its campaign for dominance of Europe&#39;s Christmas market for mobile phones with nine new handsets it will use to provide 3G services offering everything from video calls to downloadable games and television clips.
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LONDON -- Cell phone giant Vodafone Group PLC, which has spent years struggling to recoup billions spent on 3G licences, finally launched the cutting-edge service Wednesday in much of Europe and introduced or beefed up its operation in a dozen other
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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.