Intercol has become the Alcatel-Lucent enterprise premium partner in Bahrain and Qatar, as a result of its high performance and the level of support offered, reported the Gulf Daily News. Intercol has been an Alcatel-Lucent Enterprise partner for 20 years now, having operations for Alcatel Lucent in Bahrain in 1993. Intercol started up in 1957 representing a single shipping company but is now a diversified, 100 percent Bahraini-owned company representing over 200 leading corporations, many of which are blue chip multinationals. To achieve premium partnership status, Intercol's team had to undergo additional certifications in unified communications, networking, wireless infrastructure and other relevant ICT technologies.
I think one of the reasons that ALU is able to sign so many contracts from developing countries is because NOK is getting out of Middle East and African markets in favor of North America.
[The venture owned by Nokia Oyj (NOK1V) and Siemens AG (SIE) is forgoing less lucrative deals in Africa and the Middle East to focus on the U.S., Chief Executive Officer Rajeev Suri said last week in an interview. In a shrinking global network-gear market, U.S. demand is rising as AT&T Inc. (T) and other carriers add capacity.] -bloomberg
Huawei’s revenues mainly arrived from Asia and developing markets because most of these countries are still cash poor where Huawei can compete successfully with its lower pricing. For ALU, developing countries represent market share for future revenues so it’s mainly to get a foothold. The rationale is even a developing country will become “developed” one day.
So, think of this as a long term investment for ALU.
[ I think one of the reasons that ALU is able to sign so many contracts from developing countries is because...] Smart grid updates require telecom........in order to meet demand for data, networks need to upgrade.....developing countries benefit the most....China, India, Brazil........one aspect provides a path to the other......ALU provides an end-to-end solution for both. This is coming together now.
These guys keep signing deals with countries I didn't even know existed yet our share price is still just a few cents more than the price of a candy bar. Somebody needs to explain to this board what shareholder value means. Either cut payroll enough to make us profitable, move the company out of socialist France or sell the company. We always seem to be close to scoring a touch down but the goal post keeps getting moved.