Newbridge Networks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Newbridge Networks

NN 14.21

+1.7%

Nov 28 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: zbyslaw owczarczyk who wrote (5734)	7/27/1998 9:06:00 AM
From: notredame	Read Replies (1) of 18016

SBC COMMUNICATIONS AWARDS $2.4-BILLION CONTRACT TO LUCENT Lucent Technologies has won a $2.4 billion contract from SBC Communications to expand the digital network in Southwestern Bell and Pacific Telesis's region over 5 years, installing a 5ESS switch that can handle voice and data that can be upgraded in the future. Lucent is the sole provider of equipment for the upgrade. Lucent also has installed a 5ESS switch in other Bell networks, but the SBC contract is the biggest. Lucent also won two contracts worth $810 million for work in Saudi Arabia: (1) $699 million to expand GSM network to handle 575,000 lines in next 15 months. (2) $111 million to upgrade Saudi Telecommunications switch, covering 900,000 lines to improve service and relieve congestion.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next