Details of $1B SBC:7R/E, AnyMedia Access Systems, X550, CBX500 WAN switches
SBC Communications Names Lucent Technologies Primary Supplier For SBC's Advanced National Network
PR Newswire - October 05, 2000 07:16
Lucent Expected to Provide More Than $1 Billion in Advanced Networking Infrastructure Technology as SBC Expands Across the United States
SAN ANTONIO, and MURRAY HILL, N.J., Oct. 5 /PRNewswire/ -- SBC Communications (NYSE: SBC) and Lucent Technologies (NYSE: LU) today announced that SBC has selected Lucent as the primary provider of data, voice and access infrastructure technology for its national network expansion. The five-year agreement is expected to be valued at more than $1 billion.
The contract covers SBC's nationwide entry into 30 markets outside its traditional service areas. The company already has established sales and operations activities in Baltimore, Boston, Ft. Lauderdale, Miami, New York, Seattle, and Washington, DC, with full service to begin this fall. SBC will enter nine new markets this year and 21 next year, providing local, long-distance, Internet and high-speed data services to businesses and consumers.
The equipment, software and services Lucent will provide under the agreement will create the advanced networking infrastructure that will enable SBC to offer its customers compelling and value-priced packages of voice and data services with superior technology and reliability.
"Today's agreement is another major step toward being able to offer our customers a one-stop, full-service communications alternative," said Ron Blake, who oversees the national expansion as president of SBC Telecom, Inc. "We are looking to Lucent to provide the key networking infrastructure to build a next-generation, reliable, and cost effective network that exceeds our customers' expectations."
"Lucent's technological innovations and capabilities in the areas of data networking technology will enable us to offer next-generation services quickly as we continue to enter these markets," Blake added.
This is the first time a former Bell operating company is competing for local business and residential customers on a national scale. When it completes the 30-market expansion, SBC will offer service nationwide in markets that reach 180 million people -- two thirds of the U.S. population.
"SBC is aggressively moving forward with plans to introduce a new level of competition in major markets nationwide," said Tom Hilton, sales vice president for Lucent. "As a primary supplier for SBC's national expansion, we're proud to be a part of this historic telecommunications milestone that will enable SBC to expand and offer a full suite of telecommunications services to customers across the country."
Local and long-distance data and voice services will be provided through a combination of Lucent's 7R/E(TM) Packet Solutions, AnyMedia(R) Access Systems, GX 550(TM) and CBX 500(TM) Multiservice Wide Area Network (WAN) switches, and operations and network management systems. Lucent's 7R/E Packet Solutions will provide SBC with data capabilities today and a smooth transition from circuit to packet networks. The agreement also includes Lucent's AnyMedia system that links SBC Telecom customers to its network through traditional voice or high-speed DSL connections. The GX 550 and CBX 500 are high-capacity, multiservice switches for the network core and edge that deliver ATM, frame relay and IP Multi-Protocol Label Switching services providing a scalable foundation for next generation networks. Lucent will also provide operations, provisioning and network management software, as well as engineering, installation and other support services from its NetworkCare(SM) Professional Services (NPS) unit for SBC Telecom.
SBC Communications Inc. (http://www.sbc.com) is a global communications leader. Through its subsidiaries' trusted brands -- Southwestern Bell, Ameritech, Pacific Bell, SBC Telecom, Nevada Bell, SNET and Cellular One -- and world-class network, SBC's subsidiaries provide local and long-distance phone service, wireless and data communications, paging, high-speed Internet access and messaging, cable and satellite television, security services and telecommunications equipment, as well as directory advertising and publishing. In the United States, the company currently has 61.2 million access lines, 12.2 million wireless customers and is undertaking a national expansion program that will bring SBC service to an additional 30 markets. Internationally, SBC has telecommunications investments in more than 20 countries. With approximately 219,000 employees, SBC is the 13th-largest employer in the U.S., with annual revenues that rank it among the largest Fortune 500 companies.
SOURCE Lucent Technologies
/CONTACT: Mary Ward, 908-582-7658, office, or 732-424-0215, home,
maryward@lucent.com, or Denise Panyik-Dale, 410-424-2729, office, or
888-319-4310, pager, dpanyikdale@lucent.com, both of Lucent Technologies; or
Ed Presberg of SBC Communications, 314-982-8688, office, or 888-366-5796,
pager/
/Web site: lucent.com
sbc.com
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Thursday, October 05, 2000
Lucent stock busiest on NYSE
--11:52 am - By Tomi Kilgore
Lucent Technologies (LU: news, msgs) is edging 50 cents higher to $33.44. With 14.7 million shares already traded, the stock is the most active on the NYSE. The communications equipement maker said it had won a $1 billion contract to supply gear to SBC Communications (SBC: news, msgs), the U.S.'s second largest local phone carrier. SBC's stock is adding $1.19 to $52.94. Among other telecom equipment makers, Nortel Networks (NT: news, msgs) is tacking on $2.19 to $65.81 and Alcatel (ALA: news, msgs) is gaining 88 cents to $66.88. |
