Alcatel-Lucent will not leave Algeria for Marocco after all, TSA-Algerie reported, citing company sources. The company has just won three contracts in Algeria worth a total EUR 80 million and has decided to create a local branch in the country. The announcement of a new branch could be made during the visit of French prime minister Jean-Marc Ayrault to Alger during the upcoming Algerian-French summit.
The sources said the minister will be accompanied by two highly placed Alcatel-Lucent executives. Alcatel-Lucent said in Septembre that it would leave Algeria to reinforce operations in Morocco. The new Algerian contracts have changed those plans, with the latest contract, worth EUR 26 million, obtained from the minister of postal services and ICT. Alcatel-Lucent will provide a maritime fibre network linking Oran (Algeria) and Valencia (Spain). Another contract was provided by Algeria Telecom, to install MSAN broadband equipment.
The contract, worth EUR 40 million, will see Alcatel-Lucent provide 300,000 to 1 million new internet lines per year, the sources said. Finally, the company won a contract worth EUR 40 million from Wataniya Telecoms Algeria, working under the mobile Ooredoo-Nedjma mobile telephony brand, to provide a fibre telephony network.
For more information about related Opportunities and Key Players visit Algeria Oil and Gas Projects