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Technology Stocks : Ascend Communications (ASND)
ASND 197.59-0.8%Nov 7 9:30 AM EST
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To: Thomas M. who wrote (36121)2/24/1998 8:28:00 AM
From: Glenn D. Rudolph  Read Replies (1) of 61433
 
WSJ reports Motorolaloses $500 mln contract

Reuters Story - February 24, 1998 04:41
%TEL %US %ELC %ELI %BUS %DPR MOT LU BEL ATI FON V%REUTER P%RTR

NEW YORK, Feb 24 (Reuters) - Motorola Inc is
struggling to correct defects that are crippling its expansion
into new wireless systems and have already led one major
customer to cancel its order, the Wall Street Journal said
Tuesday in its electronic edition.
Citing executives close to the company, the Journal said
Personal Communications L.P. has cancelled its $500 million
contract and will replace almost all its Motorola gear with
equipment and software from rival supplier Lucent Technologies
Inc .
Personal Communications -- the wireless-phone service owned
by Bell Atlantic Corp , US West Inc and AirTouch
Communications Inc -- could announce the decision as
early as next week, the newspaper said.
The defects Motorola is struggling with are in its
cellular-network equipment and software, the Journal said.
The newspaper said the fallout of Motorola's setback with
PrimeCo could be huge, since it has $3.5 billion in orders to
supply two carriers in the Japanese market with the same kind of
gear as PrimeCo was getting.
Sprint Corp is also scheduled to receive a giant
shipment of equipment and software from Motorola that has been
valued at between $700 million and $1.4 billion, the Journal
said.
A Motorola spokesman declined to comment specifically on the
impending PrimeCo cutoff or to address Motorola's problems with
equipment and software, the Journal said.
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