---Lucent to build Brazilian quick wireless network
SAO PAULO, Brazil, Sept 27 (Reuters) - Telecommunication's products giant Lucent
Technologies Inc. (NYSE:LU - news) on Monday said it has agreed to supply Vesper, a
new Brazilian local telephone provider, with a wireless voice and data network.
The project, which could be worth $470 over five years and service could begin as early as
December, Lucent said.
The deal with Vesper -- trade name for Megatel do Brasil S.A, a consortium of Bell Canada
International Inc. (Toronto:BI.TO - news), , Qualcomm Inc. (NasdaqNM:QCOM - news) and VeloCom Inc., and SLI Inc.
(NYSE:SLI - news) of Argentina -- is subject to negotiation of final terms and conditions and would include financing.
Under the proposed agreement, Murray Hill, N.J.-based Lucent will supply a ''wireless local loop'' that uses base stations to
relay radio signals that deliver communications services to receivers installed at the home or business. The system can be
operational faster than other communication networks because it doesn't require installers to dig trenches and install cable or
telephone poles.
To users, the phones operate just like any ordinary phone, connected through the in-house wiring system.
''The rapid deployment of WLL will allow us to meet all our commitments and deadlines, and to begin offering high-quality
services at a competitive price,'' Virgilio Freire, president of Vesper, the trade name for Megatel do Brasil S.A., said in a
statement.
The Megatel consortium won the second carrier license to provide competitive local and long distance services in the state of
Sao Paulo.
Lucent also will supply other products and services for network management and other telecommunication services. In future
years, the contract also calls for the installation of optical fiber and copper networks, as new systems to allow for higher-speed
data transmissions.
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Bell Canada International Inc (Toronto:BI.TO - news)
Lucent Technologies Inc (NYSE:LU - news)
Qualcomm Inc (NasdaqNM:QCOM - news)
SLI, Inc (NYSE:SLI - news)
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