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Alcatel: no plans for EADS to join Alcatel/Finmeccanica space allian

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  • Alcatel: no plans for EADS to join Alcatel/Finmeccanica space allian

    Alcatel says no plans for EADS to join Alcatel/Finmeccanica space alliance

    AFX News
    Friday, January 28, 2005

    PARIS (AFX) - Alcatel SA chief executive Serge Tchuruk said there are no
    plans for Astrium, the satellite unit of the European Aeronautics
    Defence and Space Co, to join the newly-formed space alliance between
    Alcatel and Finmeccanica SpA.

    He was speaking at a press conference after this morning's confirmation
    of the merger of the satellite and other space activities of Alcatel and
    Finmeccanica. Last summer, Tchuruk had indicated that he is ready to
    discuss a space alliance with Astrium 'if they want to.'

    Alcatel and Finmeccanica are already partners in the Eurel consortium
    that is bidding for the 3 bln eur Galileo satellite positioning system
    contract.

    They are in competition with iNavSat, a consortium consisting of EADS,
    Inmarsat and Thales.


    http://uk.biz.yahoo.com/050128/323/fbabp.html
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