Alcatel-Lucent (ALU) and KPN announced a five-year managed services agreement for the transformation of KPN's fixed network in The Netherlands. In addition to managing the day-to-day operations of KPN's network, Alcatel-Lucent will migrate existing Voice and Transport networks to next-gen Alcatel-Lucent technology.
Alcatel-Lucent said it will plan, design and implement an end-to-end solution to provide KPN's network with increased capacity, upgraded equipment, and best-in-class customer service processes. Alcatel-Lucent also will help KPN transform its existing multi-vendor voice and core networks enabling its customers to access and share multimedia content from wherever they are or using the device of their choice be it smartphone, computer or tablet.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.