Iliad CFO: Alcatel-Lucent To Get Part Of 3G Network Deal
March 23 2010 - 2:30AM
Dow Jones News
The chief financial officer of French Internet provider Iliad SA
(ILIAF, ILD.FR) Tuesday confirmed that telecommunications-equipment
maker Alcatel-Lucent (ALU, ALU.FR) will be one of the suppliers for
Iliad's mobile network.
Iliad's Free mobile brand earlier this year was awarded France's
fourth third-generation mobile license and plans to launch
commercial services two years from now.
In February, Iliad said Nokia Siemens Networks, a joint venture
between Nokia Corp. (NOK, NOK1V.HE) and Siemens AG (SI, SIE.XE),
would supply equipment for Iliad's core network.
"Today, NSN and Alcatel-Lucent are our partners," CFO Thomas
Reynaud told Dow Jones Newswires in an interview, adding that Nokia
Siemens Networks, however, has the bigger part of the contract,
without providing financial details.
"It's too early to say if there will be other partners," he
added.
Reynaud also reiterated that Iliad still plans to invest about
EUR1 billion in its mobile network, as well as EUR1 billion into
fiber optics.
Iliad will compete with France's three established mobile
operators--France Telecom SA's (FTE, FTE.FR) Orange brand, Vivendi
SA's (VIVDY, VIV.FR) SFR, and Bouygues SA's (EN.FR) Bouygues
Telecom--once its network is ready.
-By Ruth Bender, Dow Jones Newswires; +33 1 40 17 17 54;
ruth.bender@dowjones.com
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