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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: Rick Coker who wrote (5597)10/19/1999 4:06:00 PM
From: John Stichnoth   of 12823
 
SBC's DSL rollout--Seems like Alcatel.

Alcatel lands contract to supply SBC Web project

PARIS, Oct 19 (Reuters) - French telecoms equipment group Alcatel said on Tuesday it had won a contract to
supply all the Internet equipment for SBC Communications' new $6 billion high-speed Internet access initiative.

``It's not exclusive, but we are, for the moment, the sole supplier for this project,' an Alcatel spokesman told
Reuters, adding he could not yet put a precise figure on the deal.

A source close to Alcatal estimated that most of the $6 billion SBC is spending on the project would go to Alcatel,
which will supply two systems -- the ``Litespan digital loop carrier' for local transmission of information, and the
ADSL for high-speed transmission.

That was in line with a report in the New York Times which said, citing sources close to SBC, that the company
planned to spend around $4.5 billion on the high-speed data transmission system, the bulk of which will be supplied
by Alcatel.

SBC, the largest local phone company in the United States, unveiled the three-year Web initiative on Monday,
putting it into the fight for the fast-expanding Internet market as phone companies shift away from traditional voice
services.
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