10/05 07:17 Divine Tower International Corporation Selects Lucent
Technologies to <LU.N>
Divine Tower International Corporation Selects Lucent Technologies to Provide
Approximately $100 Million in Wireless Network Equipment
COLUMBUS, Ohio, Oct. 5 /PRNewswire/ -- Divine Tower International Corporation (DTIC), a leader in communications construction and provisioning, today announced it has selected Lucent Technologies (NYSE: LU) to provide approximately $100 million worth of wireless infrastructure equipment in the first year of a three-year contract. DTIC will use the Lucent equipment to offer full turnkey wireless networks to service providers.
Under the terms of the agreement, Lucent, as DTIC's vendor of choice, will supply CDMA, TDMA, GSM and/or AMPS network wireless elements, including base stations, switches and software needed for DTIC to build and operate wireless networks. This equipment includes the Lucent 5ESS(R) Switch, the industry's most reliable switching system according to independent data. Through its unique approach, Columbus, Ohio-based DTIC will utilize the Lucent equipment in a turnkey infrastructure leasing program aimed at wireless network end-service providers in developed and emerging markets.
"Lucent Technologies has a premier reputation among wireless carriers for providing the best equipment to make telecommunications work," said Norm Bangle, Jr., president, Divine Tower International Corporation. "This unique approach with Lucent now affords DTIC's customers an enhancement to the overall value of the turnkey system provisioning we furnish which now includes the recognized benefit of custom- configured Lucent equipment. In addition, DTIC offers project financing to wireless end-service providers to quickly move network projects from the concept stage to the construction stage."
"Divine Tower International's innovative leasing program gives end-service providers the best of both worlds," said Chuck Many, Lucent Technologies vice president-Emerging Wireless Carriers. "They get state-of-the art equipment from Lucent configured exactly the way they want it, without having to purchase the equipment. And DTIC's leasing program lets them lease a custom- designed and custom-built network at a fraction of the cost of building their own. This three-year agreement with Lucent will strengthen DTIC's position as a provider of leased custom wireless networks."
Divine Tower International Corporation is a diverse company and the nation's largest privately held infrastructure provider, whose primary focus is infrastructure provisioning. DTIC provides system design, site acquisition, program management, construction management, equipment installation, construction and maintenance of communications facilities. Established in 1966, DTIC has over 30 years of experience in the construction and communications industry, DTIC offers a broad scope of services that are tailored to meet the specific needs of each client. DTIC currently provides infrastructure provisioning and related services to a number of leading wireless carriers both domestically and internationally. Further information about Divine Tower International Corporation is available on the worldwide Web at www.divinetower.com. |
