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Technology Stocks : Lucent Technologies (LU)

LU 2.825

-2.2%

Nov 11 3:59 PM EST

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To: William H Huebl who wrote (21555)	3/3/2004 4:22:30 PM
From: AV8R	Read Replies (1) of 21876

Dow Jones Business News Lucent Gets $130M Pact From China's Shandong Netcom Wednesday March 3, 10:35 am ET BEIJING (Dow Jones)--Lucent Technologies Inc. (NYSE:LU - News) has received a $130 million contract from China's Shandong Netcom to deploy Lucent's high-capacity Personal Handyphone System in networks serving four cities in Shandong province. The equipment should be operational in early July, Lucent said in a news release. Shandong Netcom, a subsidiary of China Netcom, is expanding its PHS network to Qingdao, Jinan, Weifang and Yantai as part of its Phase VI development project. This contract is the largest single contract awarded to Lucent for its PHS solutions in China, the company noted. Lucent, Murray Hill, N.J., supplies products and services for communications networks. Company Web Site: lucent.com -Carolyn King, Dow Jones Newswires; 416-306-2100

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