'Three bidders for Telecom Italia FTTC contract - GO ALU !!!!!!!!
Alcatel-Lucent, Huawei and Selta are in the running for a contract to be awarded by Telecom Italia for the introduction of new cabinets for the FTTC (Fibre to the Cabinet) service. According to Italian daily Corriere delle Comunicazioni, the value of the contract has not been revealed, but Telecom Italia expects to have more than 6 million households in the 100 biggest cities passed by FTTC technology
Darko, you don't have a clue. If you did any DD, you would know that no one is giving Huawai any contracts (regardless of cost savings) due to the U.S. black balling them due to national security concerns. I would suggest you cover your short position ASAP.
LOL... Check this out.. so.. Europe wants to keep high Union paying jobs.. Yet.. they are going to outsource all work that would be handled locally to low ball china players. .. So no one locally has business... but they sit around and cry foul if they reduce headcount because of this. LMFAO.
"When news of the French job cuts broke last week, François Chérèque, head of the CFDT union, denounced what he called Europe's lack of protectionism in strategic sectors. Arnaud Montebourg, France's industry minister, and Fleur Pellerin, secretary of state for the digital economy, announced an action plan for the telecommunications equipment sector and called for renewed investment in ultra high speed networks.
The Alcatel-Lucent unions, which support this plan, are also demanding that Huawei and ZTE be ousted from French telecommunications networks, following the example of the United States, which invoked national security reasons. Washington accused the Chinese firms in more or less diplomatic terms of acquiescing to requests from Beijing for information.
The unions are also asking that the government operate a preference for European equipment makers and that the telecommunications regulator take employment criteria into account when attributing licences for new frequencies.
It is certainly high time to look into such measures. Rather than spending billions on new motorways, as European governments plan to do to boost growth, the money would surely be better spent on investing in the technologies of the future. That could also have a useful spin-off in reducing regional inequalities."