Euronews: Q3 Blues for AlcaLu

Alcatel-Lucent (NYSE: ALU), Nokia Networks , Finland (yes, the whole country) and GTS Central Europe close the week's news from the Old Continent.

  • AlcaLu is finding the going tough in the second half of 2011 and its share price is getting hammered as a result. (See AlcaLu Under Pressure.)

  • NSN is offloading its microwave backhaul transport business to DragonWave Inc. (AIM/Toronto: DWI; Nasdaq: DRWI) in a rather complex deal that could pay off for the Canadian specialist in the long run. (See DragonWave to Buy NSN Unit.)

  • Finland's Ministry of Transport and Communications is planning an auction of precious 800MHz spectrum that can be used for LTE services. See the English language details by clicking here.

  • Ethernet services are hot, right? Well, GTS Central Europe just raised the temperature on its offering by enhancing its Ethernet VPN service with newly defined QoS and online performance monitoring capabilities.

    — Ray Le Maistre, International Managing Editor, Light Reading

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