October 20, 2004 3:40 PM PDT
Alcatel wins $1.7 billion SBC contract
Alcatel will provide SBC with network access, aggregation and switching equipment to allow the Baby Bell to offer more Internet-based services to its customers, the companies said Wednesday. The French equipment maker also will help SBC develop its fiber infrastructure to carry video streams delivered on an IP-based network.
The contract is part of SBC's Project Lightspeed initiative to upgrade its copper-wire network to faster fiber-optic lines. SBC is laying the groundwork to begin offering TV programming over the Internet by the end of 2005 as a product of its network upgrade.
"We're moving at light speed to bring IP-enhanced services to customers," Edward Whitacre, chief executive of SBC, said in a statement.