PARIS -- Alcatel-Lucent (Euronext Paris and NYSE: ALU) announced today that it has signed a contract with Libyan Post Telecommunications & Information Technology Company (LPTIC) to supply a nationwide fibre optic backbone network that will serve all of Libya. This contract, valued at more than 90 million Euro, is a major step forward for the Libyan telecommunications industry and underscores Alcatel-Lucent’s commitment to the expansion of the Libyan market.

Under the terms of this contract, Alcatel-Lucent will deploy a fibre optic network throughout the country, linking all major cities with more than 4,400 kilometers of infrastructure and will serve as the backbone network for Libya’s telecommunication infrastructure.

“This contract, which represents Alcatel-Lucent’s largest agreement in Libya, is a major step forward for the Libyan telecom industry to offer next-generation services to their customer base,” said Olivier Picard, President of Alcatel-Lucent’s Europe and South activities. “It demonstrates our commitment to assist in the development of the Libyan infrastructure and more generally the company’s role in helping the people throughout the African continent be able to benefit from the advantages of a modern and powerful information infrastructure.”

Alcatel-Lucent (NYSE: ALU)