Alcatel and SaskTel to do joint R&D

PARIS and REGINA – Saskatchewan's Crown corporation SaskTel and Alcatel today announced they have signed a memorandum of understanding (MOU) to conduct joint research and development. Once finalized, the agreement will lead to the creation of approximately 20 new R&D positions to be based in Saskatchewan and jointly funded by Alcatel and SaskTel. Robert Watson, president and CEO of SaskTel, Lorne Calvert, premier of Saskatchewan, Serge Tchuruk, CEO and chairman of Alcatel and Hubert de Pesquidoux, EVP and president of Alcatel North America attended the signing ceremony held today at Alcatel's Paris headquarters. R&D activity resulting from the MOU will...