Someone should contact ALU and ask. A "major" deal should be announced. Also, the thing that I don't understand is even if the deal was not announced, people in the know should have known this and pushed up the stock price.
Its all ok by me. I use this lull in the sp to steadily add to my position. No doubt in my mind that this deal and other announced contracts are going to eventually and substantially push up the sp.
Sentiment: Strong Buy
Alcatel-Lucent Wins Major Contract From TataComm MARCH 14, 2013
European equipment vendor, Alcatel-Lucent (NYSE: ALU) has procured a major deal from Tata Communications Ltd. (NYSE: TCL) spanning 51 countries for a period of three years.
As part of their modernisation process, Tata Communications was looking at replacing its legacy equipment which would help them to bring down the OPEX. "Besides that they were also looking at offering more resilient performance to their enterprise customers," says a well placed industry source on condition of annoymity.
While the financial scope of the deal is unclear, it is safe to say that the deal will add considerable weight to Alcatel's portfolio.
We are still the first ones to report this :) LightReadingGagan
Re: .. too little too late ??
Sunday March 17, 2013 1:57:55 AM
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We are still the first ones to report this :)
Because it does not exist! Its all scam! Its fake!
The web posting it, belongs to some HEDGE FUND!
ANYONE CAN START A WEBSITE!
I trust only Reuters and Associated press. Sometimes Bloomberg. I do not even read Motely fools or seeking alpha!
some clarification -- I had mentioned in a previous post that this might be part of the 7 year agreement with tata that was announced in 2009. I have since found out that one contract is with tata teleservices and the recent one is with tata communications. these two separate companies.