If things keep going the way they are right now, soon there won't be any North American options available when the next developing market needs to install current-generation cell phone infrastructure.
Today, Canadian communications specialist Nortel Networks
UMTS is a high-bandwidth third-generation (3G) technology capable of downloading data at nearly 2 Mbit/s. It's in wide use in Japan and across Europe today, thanks to rollouts by NTT DoCoMo
Alcatel is on quite the spending spree, on the other hand. Shareholders next week are widely expected to approve a proposed merger between the French telecom giant and American rival Lucent
Like I said, it's becoming difficult to find a red, white, and blue telecommunications infrastructure maker these days, unless you count the telecom division of Cisco. But Alcatel's French flag flies the same colors, and I suppose that's close enough.
Further Foolishness:
- Are the other guys ganging up on Ericsson?
- One Fool checks out the Chinese mobile market.
- The great countries aren't the ones you think.
Vodafone is a Motley Fool Inside Value recommendation. To see the value Philip Durell found in this company, try a 30-day free trial.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. You can check out Anders' holdings if you like. Foolishdisclosureis always state-of-the-art.