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Alcatel to Acquire Tele Danmark's Marine Division

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PARIS, Aug. 18, 2000 - In a move designed to boost its submarine networks capabilities, Alcatel has entered into a definitive agreement to acquire Tele Danmark's marine division. The 121 million EURO transaction gives Alcatel control of five cable vessels, allowing the company to offer installation and maintenance services to its customers. The Copenhagen-based marine division will become Alcatel's primary maintenance management center. The acquisition of Tele Danmark's Marine division shows Alcatel's willingness to directly manage its own fleet comprising state-of-the-art cable vessels...Read full article

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    Published: August 2000
    CommunicationsNews & Features

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