Alcatel-Lucent (ALU) has been tapped by Latin American mobile giant America Movil (AMX) to build...

|By:, SA News Editor

Alcatel-Lucent (ALU) has been tapped by Latin American mobile giant America Movil (AMX) to build a giant submarine optical network that will connect Florida, Central America, the Caribbean, and Brazil, and be specifically designed to handle 100G links. News of the deal, due to be completed in late 2013, comes at a time when 100G investments are accelerating, and Alcatel reportedly searches for a buyer for its submarine cable unit. (PR)