Orlando, FL -- (SBWIRE) -- 07/03/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On: Windstream Corporation(NASDAQ:WIN), Alcatel Lucent SA (ADR)(NYSE:ALU).
Windstream Corporation(NASDAQ:WIN) has entered into an agreement with Mitel for offering the leading edge MiCollab and MiVoice solutions in a cloud-based Unified Communications as a Service (UcaaS) solution which would be powered by Mitel's MiCloud for Service Providers.
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This would allow businesses to have access to features ranging from advanced UC, messaging, mobile as well as desktop collaboration in a subscription-based service. Vice President of business development for Windstream said that the constantly evolving business environment entails communication with customers and the company is just doing that by offering cloud-based UC solutions such as Mitel's MiCloud for lowering costs.
The Windstream UCaaS offering will bundle Mitel MiVoice and MiCollab solutions with Windstream's enterprise-class cloud solutions.
The solution will leverage Windstream's award-winning SIP and data solutions for providing a turn-key solution for both small and large businesses.
This would help customers in implementing unified communications as well as include services like VoIP lines, desktop video, unified messaging and a number of other mobility solutions.
Mitel’s Executive Vice President for Americas Joe Vitalone opined that the software provides flexibility entailed by Windstream for giving powerful solutions to customers for cloud or hybrid deployment.
He added that the new offering would allow Windstream customers to have much more choices as well as opportunity for selecting services according to their needs. The product would be provided with 24x7 remote and onsite monitoring and support.
Alcatel Lucent SA (ADR)(NYSE:ALU) would be issuing $715 million in convertible bonds today which may increase to $819 million if the over-allotment option is utilized.
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The company’s objective is to extend the maturity of the indebtedness. The bonds would be maturing by July 1, 2018 with a par value equal to 30% to 37% premium to Alcatel's reference share price. It will have an annual interest rate between 4.25% and 5%, paid semi-annually.
The company’s plan is an attempt to reposition the company as an IP networking and ultra-broadband solutions specialist.
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