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Alcatel
Fujitsu
FOR IMMEDIATE RELEASE

Alcatel and Fujitsu to form a joint company in mobile communications field

- Joint Venture to Develop and Manufacture 3G Mobile Systems -

Paris, Tokyo, 2 May, 2000 - Alcatel and Fujitsu Limited today announced their intention to join forces in the mobile communications field by establishing a joint venture to develop and manufacture next-generation mobile communications network systems. The new company will be majority-owned by Alcatel, which will hold 66% of the shares, with Fujitsu holding the remainder.

The agreement will aim to leverage the technological strengths of both companies and maximize development efficiency and economies of scale to attain a leading position in the Third Generation (3G) mobile communications market, with special emphasis on developing and quickly bringing to market a solid UMTS offering.

Benefiting from Fujitsu's strong experience with NTT DoCoMo in the development of UMTS and capitalizing on the GSM and ATM/IP expertise of Alcatel, the JV will have a timely first 3G offering (UMTS - R'99) ready for deployment by first half 2001.

With more than 2000 engineers, the JV will concentrate on product definition and marketing, research & development and manufacturing policy for high-quality mobile communications radio infrastructure, including GSM, its different evolutions including GPRS and EDGE, and 3G (also known as IMT2000).

The JV will distribute its product offerings drawing on the resources of Alcatel's and Fujitsu's sales organizations, with Alcatel having primary responsibility for Europe in particular, while Japan will be a preferred territory for Fujitsu.

In parallel, Alcatel and Fujitsu will deepen mutually beneficial cooperation in the field of 3G core networks and terminals in order to provide customers with comprehensive end-to-end solutions.

"This alliance is a major step forward for Alcatel's mobile activities. The creation of an Alcatel-Fujitsu company, offers the opportunity to have a UMTS offering ahead of the competition while ensuring efficient and cost-effective use of R&D resources and skills", said Jean-Pierre Halbron, Senior Executive Vice President of Alcatel.

"This agreement allows each company to leverage their respective expertise and complementarity to respond faster and more effectively to customer requests for end-to-end UMTS solutions encompassing radio, core network and terminal products", said Akio Moridera, Executive Vice President of Fujitsu.

About Alcatel

Alcatel builds next generation networks, delivering integrated end-to-end voice and data networking solutions to established and new carriers, as well as enterprises and consumers worldwide. With 120,000 employees and sales of EURO 23 billion in 1999, Alcatel operates in more than 130 countries. For more information, visit Alcatel on the Internet: http://www.alcatel.com

About Fujitsu Limited

Fujitsu Limited (TSE: 6702) is a leading provider of Internet-based information technology solutions for the global marketplace. Comprising over 500 group companies and affiliates worldwide -- including ICL, Amdahl and DMR Consulting -- it had consolidated revenues of 5.26 trillion yen ($49.6 billion) in the fiscal year ended March 31, 2000. Fujitsu's pace-setting technologies, world-class computing and telecommunications platforms, and global corps of over 60,000 systems and services experts make it uniquely positioned to harness the power of the Internet to help its customers succeed. Altogether, the Fujitsu Group has 188,000 employees and operations in over 100 countries.
Home page: http://www.fujitsu.com/

Press Contacts:
Contacts - Alcatel

 Press contact
  Klaus Wustrack Tel : + 33 (0)1 40 76 11 56
  Klaus.wustrack@alcatel.fr

 Investors relations
  Claire Pedini Tel : +33 (0)1 40 76 13 93
  Claire.pedini@alcatel.fr

  Charlotte Laurent-Ottomane
  Tel : +33 (0)1 40 76 13 30
  Charlotte.laurent-ottomane@alcatel.fr

  Emmanuel Spite Tel : +33 (0)1 40 76 16 04
  Emmanuel.spite@alcatel.fr

  Peter Campbell Tel: +1 972 519 4347
  peter.campbell@usa.alcatel.com

Contacts - Fujitsu

 Fujitsu Press Contact
  Bob Pomeroy, Scott Ikeda, Eisuke Sato
  Tel: +81-3-3215-5236 (Tokyo)
  pr_mailbox@hq.fujitsu.co.jp

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