A journal for networking and telecoms
Alcatel-Lucent announced three financial transactions amounting to approximately US$1.965 billion to provide financial support for its “Shift” transformation plan.
These include a capital increase for an amount of €955 million, its intent to launch a high yield bonds offering in an aggregate principal amount of US$750 million and the execution of a commitment letter for the implementation of a new syndicated revolving credit facility of €500 million.
http://www.alcatel-lucent.com
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From the Graveyard
You just read about Alcatel. One of the companies whose work it now carries:
Newbridge Networks built ATM, Frame Relay and carrier access platforms. What became of it?
Newbridge Networks brought ATM, Frame Relay and carrier access platforms to Telecom. That work was distinctive enough to lead to its acquisition by Alcatel for US$7.1B. The standalone name now passes into the archive — but the team and technology continue inside Alcatel today. One of 430 names here whose work outlived the company.
From the Technology Graveyard
You just read about All. A technology from the archive that helped get us here:
Google/Alphabet Project Loon served 2011–2021. What ultimately replaced it?
Google/Alphabet Project Loon solar-powered balloons drifting in the stratosphere (~20 km), steering by rising and falling into different wind layers, relaying LTE from ground stations to phones far below. Its job passed to Unit economics — but the problem it solved, and the ideas it proved, live on in what replaced it. The standard rests here in the archive. One of 198 technologies here that opened a door and then held it for the next.
From 25 years of the Converge Digest archive.
