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Technology Stocks : Lucent Technologies (LU)

LU 2.625

+2.9%

Dec 5 9:30 AM EST

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To: DiB who wrote (20788)	9/13/2002 4:30:54 PM
From: scratchmyback	Read Replies (1) of 21876

DiB, I think Lucent has publicly stated that they have given up GSM1900 network business, they only promised to take care of their old GSM900/1800 customres in Europe and Asia. And as far as I can remember STC in Saudi-Arabia and T-Mobile in Germany where their latest/last major GSM clients in Europe and Asia, and you can bet that it´s not Lucent who´s delivering GSM gear to these operators in 2002! Lucent is history over there, at least when it comes to GSM. What comes to WCDMA, Lucent is definately an also-ran over there. Lucent did announce a deal with Telefonica/Sonera for a WCDMA network in Germany in December 2000, but as we know, Ericsson and Nortel stole that deal from Lucent last spring, and a couple of months after that Telefonica/Sonera abandoned the whole project. Lucent was also suppoused to be a WCDMA supplier for KPN in Netherlands, Germany and Belgium, but Lucy was (probably) kicked out of that project too. And that makes a lot of sense, it would be plain stupid to spend billions in r&d if you have only a couple of clients!

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