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Vodafone selects Alcatel-Lucent for network convergence

New Delhi, Feb 26 (UNI) British telecom major Vodafone has selected Alcatel-Lucent to migrate all networking services in Spain onto a highly reliable Alcatel-Lucent IP/MPLS based network.

The converged network will support broadband data services (GPRS and 3G), signaling and billing traffic, 3G voice traffic as well as future multimedia evolutions.

The project, part of a global network transformation to internet protocol (IP), will enable the operator to guarantee end-to-end quality of service, to optimise its network performance and to support new multimedia services.

''By evolving its networks to a next-generation infrastructure, Vodafone will support all services on a single network allowing the mobile operator to optimise its investment and operational expenditures, and accelerate the launch of new advanced and convergent services to the market,'' Alcatel-Lucent said in a statement.

A streamlined network based on the Alcatel-Lucent IP solution will enable Vodafone to improve on capex and opex, said Technology director from Vodafone Spain, Jaime Bustillo.

Alcatel-Lucent provides Vodafone with an IP/MPLS core and edge network solution based on its nextgen 7750 Service Router and 7710 Service Router along with the 5620 Service Aware Manager.

According to Ovum-RHK, Alcatel-Lucent was number two in the IP/MPLS Edge market segment in Q4 2006, with a 19 per cent market share.

UNI

Orchid on FCCB

Chennai, Feb 26 (UNI)The city-based pharma company Orchid Chemicals and Pharmaceuticals Ltd. (Orchid) has recently priced USD 175 million zero coupon Foreign Currency Convertible Bonds (FCCB), with an underwriter greenshoe option of USD 25 million. The closing of the offering was expected on February 27, 2007, a company release here today said. Orchid also intended to utilize approximately USD 130 million of the proceeds for repayment of certain outstanding foreign currency loans, and the balance for completing its NPNC.....

LIC, UTI bank tieup for IT-enabled premium collection

Chennai, Feb 26 (UNI) Life Insurance Corporation of India (LIC) and UTI Bank have joined hands to bring a unique business-to-business technology integration for facilitating collection of LIC premimum at the branch extension counters of UTI bank. The process permits an LIC customer to pay his renewal premimum at any branch or extension country of UNI bank, LIC regional manager Latan said in an official release here today. The facility opens in the Mumbai branches of UTI bank from February 23.....

ARBL launches Amaron PitStop in Erode

Chennai, Feb 26 (UNI) Leading Battery manufacturer Amara Raja Batteries Limited (ARBL) today launched the first Amaron PitStop in Erode. The complete range of Amaron automotive batteries, the most popular product from ARBL, will be available at the PitStop, a company release said here. The Amaron PitStop was an exclusive state-of-the-art retail centre providing technologically superior products through innovative means. Speaking after the Amaron PitStop launch in Erode, Ganesh Swaminathan, National Sales Manager, ARBL said "there is a tremendous.....
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