Paris and San Jose, California - December 2, 2005 - Alcatel (Paris: CGEP.PA and NYSE: ALA) and 2Wire, a pioneer in home broadband network solutions, announced today that Alcatel has agreed to acquire a 25 percent stake in 2Wire. The strategic partnership broadens and extends the industry’s most comprehensive end-to-end, fully integrated triple play solution.
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In addition to Alcatel’s investment, AT&T Inc. and Telmex have also agreed to acquire minority interests in 2Wire from 2Wire’s existing shareholders.
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Full press release here: »
www.2wire.com/?p=95&pid=136 and here: »
www.home.alcatel.com/vpr/vpr.nsf···22005ukCommentary here: »
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