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Technology Stocks : Lucent Technologies (LU)
LU 2.415+1.9%Nov 21 9:30 AM EST

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To: IngotWeTrust who wrote (2509)4/29/1998 3:04:00 PM
From: William Hunt  Read Replies (1) of 21876
 
ole 49r---Another day , another dollar---Dow Jones Newswires -- April 29, 1998
Lucent, Birch Telecom In Telecom Equip Supply Pact

MURRAY HILL, N.J. (Dow Jones)--Birch Telecom Inc. and Lucent Technologies Inc. (LU) reached a five-year contract for Lucent to be the sole provider of switching telecommunications equipment and software to Birch, a competitive local exchange carrier in Kansas and Missouri.

Terms weren't disclosed, but Lucent expects the value of the agreement to exceed $50 million as Birch's business expands.

In a press release Wednesday, Lucent said it will provide switching and power equipment that Birch plans to initially install in Kansas City, Mo., and St. Louis.

Birch also expects to install equipment and establish administrative and sales offices in other cities in Kansas and Missouri, and other Midwestern states.

Lucent designs, builds and delivers networks, communications systems, and telephone systems and microelectronic components.


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