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4-Traders Homepage  >  Equities  >  Euronext Paris  >  Alcatel Lucent    ALU   FR0000130007

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ALCATEL-LUCENT : to build new undersea cable linking the Pacific island Kingdom of Tonga to the global digital community

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05/10/2012 | 11:13am CEST

Tonga Cable Limited's new undersea cable connection with Fiji will strengthen communications and bring advanced broadband services to Tonga's residents and visitors 

Paris, May 10, 2012 - Alcatel-Lucent (Euronext Paris and NYSE: ALU) has been selected by Tonga Cable Limited to deliver an undersea cable link between the Kingdom of Tonga and its neighbor Fiji, bringing to the Tongan islands broadband services such as streaming video and high-speed Internet access to residents and tourists alike.

The 837-km link with Fiji will provide Tonga with access to the Southern Cross Cable, the main trans-Pacific link between Australia and the United States. It will significantly boost connectivity and substantially increase the availability of broadband services for Tonga's 100,000 residents and help spur economic growth.

Robert Bolouri, Managing Director of Tonga Cable Limited said: "This cable link with Fiji will create a gateway to the global economy and community, and we are confident that it will provide great benefits to Tonga's citizens and the many visitors we welcome each year. With the help of Alcatel-Lucent, we will be able to bring a much broader range of communications services to people throughout the country".

Philippe Dumont, President of Alcatel-Lucent Submarine Networks said: "We are pleased to be able to play a role in strengthening Tonga's connections with the rest of the world.  This new link will further expand connectivity throughout the Pacific Islands to drive digital inclusion."

Under the agreement, Alcatel-Lucent will deploy its advanced submarine optical solution based on the OALC-5 cables, repeaters and the 1620 Light Manager (LM) submarine line terminal - which can accommodate 10G/40G/100G wavelengths in the same platform. The installation will be performed by Alcatel-Lucent's Ile de Ré cable ship, which is based in the region and is specialized for laying and maintenance operations.

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Financials (€)
Sales 2016 14 672 M
EBIT 2016 1 057 M
Net income 2016 697 M
Finance 2016 2 081 M
Yield 2016 -
P/E ratio 2016 13,46
P/E ratio 2017 11,67
EV / Sales 2016 0,70x
EV / Sales 2017 0,59x
Capitalization 12 386 M
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Mean consensus OUTPERFORM
Number of Analysts 2
Average target price 5,00 €
Spread / Average Target 43%
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Olivier Durand Chief Executive Officer & Chief Financial Officer
Marc Rouanne Chairman
Philippe Guillemot Chief Operating & Sales Officer
Carla Cico Independent Director
Jean-Cyril Spinetta Lead Independent Director
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