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Alcatel-Lucent (ALU +8.1%) is up sharply today. Possibly helping its cause is a deal to supply...

Alcatel-Lucent (ALU +8.1%) is up sharply today. Possibly helping its cause is a deal to supply 3K base stations for China Mobile's (CHL) TD-LTE 4G trials. Though Alcatel is just one of 7 suppliers for the trial - Ericsson and Nokia Siemens are among the others - Alcatel claims it will provide "the largest share of base stations." China Mobile's commercial 4G rollout, whose timetable depends on regulators, is guaranteed to be huge.
Comments (4)
  • External
    , contributor
    Comments (6) | Send Message
     
    What you name "trial" is referred as "contract" by other media sources...
    17 Oct 2012, 05:48 PM Reply Like
  • SA Editor Eric Jhonsa
    , contributor
    Comments (957) | Send Message
     
    It's a contract for a trial network. "Contract" is referred to as "deal" in this instance.
    17 Oct 2012, 05:56 PM Reply Like
  • Leo50
    , contributor
    Comments (131) | Send Message
     
    Up or down 8% is really nothing if it is a penny stock.
    17 Oct 2012, 09:11 PM Reply Like
  • Laurent1962
    , contributor
    Comments (78) | Send Message
     
    "Up or down 8% is really nothing if it is a penny stock. " :

     

    8 % is 8 % for any Kind of Stock, Penny Stock or not, no ?
    17 Oct 2012, 11:39 PM Reply Like
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