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February 8, 2008 |
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ALCATEL-LUCENT: Works with Oki Electric to Market WiMAX Terminals Oki Electric Industry Co. Ltd. and Alcatel-Lucent agreed to jointly market OKI's mobile WiMAX terminals to the worldwide market. As part of the agreement, a demonstration showing how OKI terminals work with Alcatel-Lucent's WiMAX base stations will be featured at Alcatel-Lucent's booth at Mobile World Congress 2008, which will be held from Feb. 11 to 14 in Barcelona, Spain. "We are pleased to be working with Alcatel-Lucent, a global leader in the field of advanced communications infrastructure technology, to bring to consumers useful, reliable mobile devices that will enable them to stay in touch with the people they care about and get the information they need no matter where they are," said Oki Electric Industry's Network Systems Company President, Kichiro Akino. "This collaboration is an important step in promoting WiMAX technology worldwide because by working together we will be able to ensure seamless interoperability between OKI's various mobile WiMAX terminals and Alcatel-Lucent's WiMAX base stations, making both sets of products more useful to businesses and consumers alike." By joining the Open Customer Premises Equipment (CPE) Program, OKI Electric will work with Alcatel-Lucent to share market data enabling both companies to better define, test and introduce features earlier, ensure faster availability of end-to-end solutions and widen the offering of terminals. "In signing the Global Co-Marketing and Interoperability Testing Agreements, OKI joins and further enhances Alcatel-Lucent's Open CPE Program," said Alcatel-Lucent's WiMAX Vice President, Karim El Naggar. "This will enable the two companies to offer an end-to- end WiMAX 802.16e-2005 solution that leverages OKI's leadership in developing compact devices with minimal power consumption." The two companies will collaborate on conducting interoperability tests to obtain WiMAX Forum Certification and focus on offering new devices, developing features and improving overall performance on a wide range of devices, including CF cards to mobile terminals such as PCs, PDAs and UMPCs, data cards like USB dongles, and devices with a WiFi interface. OKI Electric expects to begin shipping WiMAX compatible products in the second half of this year, in time to coincide with the commercial launch of mobile WiMAX service. About Oki Electric Industry Co. Ltd. Founded in 1881, Oki Electric Industry Co., Ltd. -- http://www.oki.com/ -- is Japan's first telecommunications manufacturer, with its headquarters in Tokyo, Japan. The company provides top-quality products, technologies and solutions to its customers through its info-telecom system business, semiconductor business and printer business. All three businesses function as a collective force to create exciting new products and technologies that satisfy a spectrum of customer needs in various markets. About Alcatel-Lucent Headquartered in Paris, France, Alcatel-Lucent S.A. -- http://www.alcatel-lucent.com/ -- provides solutions that enable service providers, enterprises and governments worldwide to deliver voice, data and video communication services to end users. Alcatel-Lucent maintains operations in 130 countries, including, Austria, Germany, Hungary, Italy, Netherlands, Ireland, Canada, United States, Costa Rica, Dominican Republic, El Salvador, Guatemala, Peru, Venezuela, Indonesia, Australia, Brunei and Cambodia. * * * As reported in the Troubled Company Reporter-Latin America on Nov. 9, 2007, Moody's Investors Service downgraded to Ba3 from Ba2 the Corporate Family Rating of Alcatel-Lucent. The ratings for senior debt of the group were equally lowered to Ba3 from Ba2 and the trust preferred notes of Lucent Technologies Capital Trust I have been downgraded to B2 from B1. At the same time, Moody's affirmed its Not-Prime rating for short-term debt of Alcatel- Lucent. Moody's said the outlook for the ratings is stable. Alcatel-Lucent's Long-Term Corporate Credit rating and Senior Unsecured Debt carry Standard & Poor's Ratings Services' BB rating. Its Short-Term Corporate Credit rating stands at B. |
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