Alcatel-Lucent (ALU +4.9%) and Ericsson (ERIC +3.4%) have joined the rally seen in telecom...


Alcatel-Lucent (ALU +4.9%) and Ericsson (ERIC +3.4%) have joined the rally seen in telecom equipment and optical component makers following Ciena's market-pleasing results and guidance. This morning, Ericsson, which has an early lead in 4G deployments, announced a 4G infrastructure deal with MetroPCS - merger partner T-Mobile USA (DTEGY.PK) reportedly plans to flip the switch on its LTE network later this month.
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