Alcatel-Lucent Invests in Fronthaul Specialist
PARIS -- Alcatel-Lucent (Euronext Paris and NYSE: ALU) has signed a commercial and technological partnership agreement with fast-growing wireless start-up EBlink to expand its capabilities for 4G LTE ultra-broadband mobile access networks and small cells. The agreement includes a Euro 3 million investment in EBlink aimed at supporting innovation and accelerating business momentum.
This partnership will enable Alcatel-Lucentís customers to benefit from EBlinkís advanced wireless solutions. It will provide new technological choices as they evolve their networks toward cloud and small cell architectures in order to meet the soaring demands for wireless data.
Commenting on the agreement, Philippe Keryer, Chief Strategy and Innovation Officer of Alcatel-Lucent said: ďAs a wireless market leader, Alcatel-Lucent is committed to delivering innovative solutions that meet customersí mobile ultra-broadband access needs. As announced in The Shift Plan, we are working with companies where it makes sense to strengthen our portfolio of solutions. Our work with EBlink allows us to further extend this comprehensive portfolio to meet all of our customersí LTE and small cell deployment needs.Ē
EBlinkís wireless solutions complement Alcatel-Lucentís wireless LTE and small cells offerings. The expanded portfolio will strengthen Alcatel-Lucent leadership in Cloud RAN and 5G architecture and drive a reduction in the cost of deployment overall.
Alcatel-Lucent (NYSE: ALU)