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Stock Market & Financial Investment News

News Breaks
February 24, 2013
19:55 EDTSQNS, ALUSequans, Alcatel-Lucent collaborate to accelerate the market for LTE broadcast
4G chipmaker Sequans Communications (SQNS) announced that it has successfully completed interoperability testing of Alcatel-Lucent’s (ALU) LTE infrastructure equipment with Sequans’ eMBMS-capable LTE chipsets. eMBMS (evolved multimedia broadcast multicast service), also referred to as LTE Broadcast, is an advanced mobile video delivery technology that enables mobile operators to significantly reduce the cost of delivering high-bandwidth content to multiple users at one time over LTE networks.
News For SQNS;ALU From The Last 14 Days
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August 20, 2014
12:38 EDTALUAlcatel-Lucent announces early repayment of $1.75B credit facility
Alcatel-Lucent announced today that its affiliate Alcatel-Lucent USA has repaid early and in full the senior secured credit facility of an initial principal amount of 1.75B entered into on January 30, 2013. The senior secured credit facility was secured by various first-priority pledges on a material portion of the Alcatel-Lucent Group's assets. The pledges will be consequently cancelled and released.

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