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Compuage Infocom to be Value Added Distributor of Alcatel-Lucent Enterprise; Stock slumps 5%

This tie-up will help the company in expanding its Networking Portfolio and providing complete solutions for Voice and Data.

June 23, 2021 3:23 IST | India Infoline News Service
Compuage Infocom Limited will be Value Added Distributor of Alcatel-Lucent Enterprise to help to build Partners on Voice, Data, and Cloud Solutions for India & SAARC Market.

The company in a filing on Wednesday said, that Alcatel-Lucent Enterprise is a European company with an established heritage of innovation and entrepreneurial spirit with over 2200 employees worldwide and headquartered in Paris, France, with direct business operations present in 50 countries and for the remaining countries, a sizeable presence through distributors. It has been active in India through the distribution channel and does well in verticals like Healthcare, Government, Education, Hospitality, Transportation and Smart Cities.

It provides digital age networking, communications and cloud solutions, tailored to ensure customers’ success.

“This tie-up would further help our company in expanding Networking Portfolio and providing complete solution for Voice and Data,” company said.

Towards close of trade on Wednesday, Compuage Infocom Ltd was trading at Rs28.80 per piece down by Rs1.5 or 4.95% from its previous closing of Rs30.30 per piece on the BSE.

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