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October 08, 2007

Alcatel-Lucent Stays Connected to AT&T


Telecommunications equipment maker Alcatel (News - Alert)-Lucent said it remains a “critical supplier” of W-CDMA equipment to AT&T (News - Alert), rejecting rumors that AT&T was preparing to drop them as a supplier of  third generation wireless technology.



In a statement released by the French-American telecom giant, officials said it remains “a critical W-CDMA supplier to AT&T and that 'our market share has remained relatively stable and we continue to work to meet our commitments to maintain our market share.”

"Our market share has remained relatively stable, and we continue to work to meet our commitments to maintain our market share. To speculate otherwise is both inaccurate and misleading," Alcatel-Lucent added.

The announcement came after the Financial Times reported Friday, citing people familiar with the situation, that Alcatel-Lucent may lose part of its share of a $2 billion 3G infrastructure contract in view of delivery delays.

The company also said that it has won 'a significant part of the W-CDMA contracts awarded since the beginning of 2007'.

Alcatel-Lucent shares fell more than 3 percent after the Financial Times reported on Friday that Ericsson (News - Alert) had taken advantage of Alcatel-Lucent's difficulties in the 3G wireless market to win more business from AT&T.

Tim Gray is a Web Editor for TMCnet, covering news in the IP communications, call center and customer relationship management industries. To see more of his articles, please visit Tim Gray’s columnist page.