PARIS -- Alcatel-Lucent (Euronext Paris and NYSE: ALU) and Globe Telecom (PSE: GLO) have today signed a confirmation of award for the transformation of wireless network infrastructure in the Philippine regions of Visayas and Mindanao, upgrading it from WiMax to LTE-TDD and LTE-FDD ultra-broadband access technologies.
The LTE infrastructure is part of Globe Telecom’s continuing network expansion to enable advanced technologies for better broadband service experience. This will provide higher network capacity, plus faster transmission speeds, addressing ever-increasing demand for broadband service with higher bandwidth in a country of more than 105 million mobile subscribers.
The signing of the confirmation of award was done during the Philippines official state visit to France. President Benigno Simeon Aquino, III of the Philippines and President François Hollande of France witnessed the signing in a ceremonial event at the Élysée Palace, the official residence of the French president.
Alcatel-Lucent (NYSE: ALU)