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Technology Stocks : Lucent Technologies (LU)
LU 2.650+0.4%Dec 26 9:30 AM EST

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To: thebeach who wrote (10384)10/20/1999 10:35:00 AM
From: Bindusagar Reddy  Read Replies (1) of 21876
 
ANother ASCEND WIN.10/20 10:22A (CN) (CNCN) AT&T Canada Signs Contract With Lucent Technologies
for First Nationwide ATM Switched Virtual Circuit Network
Story 1313 (ATTC, METNF, MNC'B-R, MNC'B-T, TEL.B, LU, LUTI-D, I/TLS...)
MURRAY HILL, NEW JERSEY--
AT&T Canada to Deploy Lucent's Market-Leading CBX 500(tm)
Multiservice ATM Switches
Lucent Technologies (NYSE: LU) today announced that it has signed an
agreement with AT&T Canada, (TSE/ME: TEL.B and NASDAQ: ATTC) to build the
country's first nationwide Asynchronous Transfer Mode (ATM) Switched Virtual
Circuit (SVC) network using Lucent's leading CBX 500(tm) Multiservice WAN
switches.
With the new Lucent ATM backbone network, AT&T Canada customers can utilize
the circuits to establish network connections on a call-by-call basis to
avoid paying for costly unused bandwidth. Customers can also tailor each
connection to particular network applications and receive the absolute
Quality of Service (QoS) inherent in ATM for applications such as disaster
recovery, data vaulting, voice, broadcast video and video conferencing. For
example, transporting broadcast video over AT&T Canada's SVC network will
ensure a high bandwidth for delivery to the end user and high quality that
broadcast video demands without degradation. Lucent's Multiservice switches
will enable AT&T Canada to manage and deliver ATM, Frame Relay and IP
services from a single ATM core network infrastructure.
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