EduBourseActualitésAlcatel awarded FALCON submarine cable turnkey contract by FLAG Telecom

Alcatel awarded FALCON submarine cable turnkey contract by FLAG Telecom

Paris, February 22, 2005 – Alcatel (Paris: CGEP. PA and NYSE: ALA) today announced that it has signed a multi-million dollar turnkey contract with FLAG Telecom, a leading provider of international wholesale network transport and communications services and a member company of the Reliance Group, to deploy FALCON, a multi-terabit/s new generation DWDM submarine cable system providing multiple landings throughout the Gulf region, with submarine links initially stretching to India in the east and to Egypt in the west. FALCON will span over 10,000 km and will offer extra-capacity in the region to help address the growing traffic demands from the accelerating take-up of broadband services.

The FALCON network will be built and installed in simultaneous sections using several submarine cable laying ships. Scheduled to be ready for initial service by the fourth quarter of 2005, FALCON will also incorporate comprehensive protection mechanisms to ensure the highest level of network reliability.

Under the terms of the contract, Alcatel will deploy a turnkey submarine solution including its new-generation DWDM submarine line terminal that incorporates the most recent developments in optical transmission enabling operators to improve their network efficiency. Alcatel’s branching units will also be added along the entire FALCON cable route to allow more countries in the region to connect to the system as their communications needs continue to expand. Furthermore, Alcatel’s Optical Multi-Service Node and 1678 Metro Core Connect terrestrial systems will be installed to connect the network’s landing stations. All terrestrial and submarine equipment will be managed by Alcatel’s integrated network management system. Alcatel will also be in charge of the installation, commissioning and testing.

Patrick Gallagher, CEO, FLAG Telecom, said: “Demand for high-quality, cost-effective bandwidth to and from India and the Middle East is exploding. FALCON is a key element in our future plans to meet our customer requirements and we are delighted to be working again with Alcatel. FALCON will dramatically change the global communications infrastructure balance, bringing terabit/s capacity to the Gulf for the first time, and providing additional access to India, the second largest growth economy in the world.

“Following the successful deployments of FLAG Atlantic-1 and the FLAG North Asia Loop Cable system, this new project gives us the opportunity to once again cooperate with FLAG,” said Jean Godeluck, President of Alcatel’s submarine networks activity. “Capitalizing on over 150 2022s of expertise, this award also confirms Alcatel’s reliability as partner of choice for managing highly complex submarine projects.”

About FLAG Telecom
FLAG Telecom, a member company of the Reliance Group, has an established customer base of more than 180 leading operators, including all of the top ten international carriers. FLAG owns and manages an extensive optical fibre network spanning four continents and connecting key business markets in Asia, Europe, the Middle East and the USA. FLAG also owns and operates a low latency global MPLS based IP network, which connects most of the world’s principal international Internet exchanges. FLAG offers a focused range of global products, including global bandwidth, IP, Internet, Ethernet and Co-location services. In the first international acquisition by the Group, FLAG Telecom became a Reliance Group company on 12 January 2004. Recent news releases and further information are on FLAG Telecom’s website at: www.flagtelecom.com.

About Reliance Infocomm
Reliance Infocomm Ltd., a Reliance group company, is India’s largest private telecom service provider with a subscriber base of over 10 million. Reliance Infocomm has established a pan-India, high – capacity, integrated (wireless and wireline) and convergent (voice, data and video) digital network to offer services spanning the entire Infocomm value chain – infrastructure, services for enterprises and individuals, applications and consulting. The Reliance Group, founded by Shri Dhirubhai H. Ambani (1932-2002), is India’s largest business house with total revenues of over Rs 99,000 crore (US$ 22.6 billion), cash profit of Rs 12,500 crore (US$ 2.8 billion), net profit of Rs 6,200 crore (US$ 1.4 billion) and exports of Rs 15,900 crore (US$ 3.6 billion). www.relianceinfo.com

About Alcatel
Alcatel provides communications solutions to telecommunication carriers, Internet service providers and enterprises for delivery of voice, data and video applications to their customers or employees. Alcatel brings its leading position in fixed and mobile broadband networks; applications and services, to help its partners and customers build a user-centric broadband world. With sales of EURO 12.3 billion in 2004, Alcatel operates in more than 130 countries.

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Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.
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