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

|By:, SA News Editor

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.