Alcatel to help global digital economy

Alcatel-Lucent (Euronext Paris, NYSE: ALU) has a role to play in helping developing economies get connected with the global digital world, and that connection can have a significant impact on rising GDP", said Asia Pacific President Rajeev Singh-Molares, during a visit to Sri Lanka. Singh-Molares who holds the chairmanship of the World Economic Forum's Global ICT Agenda cites a World Bank study that claims a 10 percent increase in mobile penetration leads to a one percent increase in low medium income GDP.

"But is this relationship between GDP and mobile growth set, or can we accelerate it.

According to a model developed by Alcatel-Lucent's Bell Labs and the World Economic Forum, with the right combination of actions and investment, we can accelerate the impact of mobility by as much as 36 per cent, measured in GDP.