Lucent Technologies (LU) 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 : Lucent Technologies (LU)

LU 2.500

-0.8%

Nov 28 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: gc who wrote (4493)	10/3/1998 9:18:00 PM
From: lkj	Read Replies (1) of 21876

I am not too sure what was the exact reasons for the US government not allowing AT&T to sell telecomm equipment to the world. I think it was some national security related reasons. For the same reasons, Eroupean countries went on developping their own system. But in reallity, what they did was basically copying what AT&T had done. For years, they were behind AT&T. But the stupid French government setted up some thing call CCITT to set "international" telecomm standard. This where the E1/E2 stuff came from. They simply copied the American T1/T2 multiplexing system with parameters tweeked. I cut and pasted this piece from a Red Herring article called "Lucent Unbound", in which, Richard McGinn, the CEO and Chairman of Lucent spoke about Lucent taking back some of its international market. "We exited the international business in 1925," Mr. McGinn explains. "Since the divestiture, we have built up our international market share to 25 percent, exactly what it was 73 years ago."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next