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| Alcatel Acquires 3G Player |
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5th February , 2004 |
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Inset shows Watercove WN 1200 Intelligent Support Node. This asset acquisition will allow Alcatel, the world market leader in mobile prepaid solutions, to reinforce its portfolio for mobile operators' growing needs for flexible and reliable real-time content charging solutions. WaterCove Networks develops and offers the "intelligent GGSN" technology, which is one of the most powerful GGSN solutions available on the market today. WaterCove Networks' solution was selected by Orange UK in 2002, becoming the first "intelligent GGSN" commercially operational world-wide. With WaterCove's GGSN technology and Alcatel's software technology in the same piece of equipment, the GGSN offers the best routing performances and the opportunity for operators to charge their subscribers according to the type of content they wish to access or the way they prefer to access this content. For example, an operator can choose to charge a different price for sports- results multimedia messages than for traffic-warning multimedia messages, or different prices for instantaneous access versus delayed access to the results of a sports event. This acquisition of assets builds upon the OEM agreement that Alcatel and WaterCove Networks signed in July 2003 and that has proved mutually beneficial to both companies. "The skill set of WaterCove Networks is highly complementary with that of Alcatel," said Marc Rouanne, chief operating officer of Alcatel's mobile activities. "Blending our skills together will allow Alcatel to answer service providers' growing needs for sophisticated user-centric new billing solutions." "WaterCove
Networks' team is proud to be part of the Alcatel family," said
Jayesh Patel, founder and chief executive officer of WaterCove Networks,
and now head of the intelligent GGSN activity within Alcatel. "Looking
ahead, Alcatel's worldwide footprint, financial strength and strong
customer base create the ideal fit to accelerate the path we have
each been on." |
| TODAY'S
PRESS RELEASES |
| O2 Take Next-Generation Messaging Platform |
| Comverse Technology announced that O2 Germany has selected Comverse InSight(TM) as its next-generation platform for voice and data value-added services. |
| Alcatel Acquires 3G Player |
| Alcatel has finalized an agreement to buy Boston-based WaterCove Networks, a specialist in next generation mobile networking equipment called GGSN (GPRS Gateway Support Node). |
| 3G Investment In India |
| PrairieComm Inc., a leading developer and supplier of 3G baseband processors and software, today announced the expansion of its development center in Bangalore, India. |
| AT&T Wireless Sale Will Shift Global Balance of Power |
| As the US wireless market consolidates, the stakes are increased for any investor bidding for ownership of one of the national operators. |
| Tektronix 802.11 a/b/g Analysis Package |
| Tektronix, a leading provider of test, measurement and monitoring tools, announced a new software analysis package to speed design and validation of wireless local area network |
| Video Wireless Solutions Worth $5 Billion |
| With operators now offering video content over relatively low-speed networks, Strategy Analytics estimates that by 2008, over 150 million users worldwide |
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