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Technology Stocks : Lucent Technologies (LU)
LU 2.745-2.8%Nov 12 3:59 PM EST

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To: Bindusagar Reddy who wrote (11653)12/14/1999 12:40:00 PM
From: slacker711  Read Replies (1) of 21876
 

I'm really surprised that there hasnt been more talk about the third generation wireless build-out on this board. Thus far there have been three contracts announced....and they all have been measured in the Billions.

$16Billion NTT Docomo (Japanese W-CDMA network)
$5-6Billion Cenegal (French W-CDMA network)
$10-20Billion One.tel (UK + 2-3 European countries W-CDMA networks)

The NTT contract went to a multitude of companies (LU might have been one of them). LU got the One.tel contract while Nortel won the Cenegal contract.....and this is just the beginning.

If everything goes to schedule (it never does) these networks will be coming on-line by 2002.....of course there will be a significant amount of vendor financing. Still it should be good for both Nortel and LU since they have been the leaders in 2nd generation CDMA.

Slacker
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