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Technology Stocks : UNPH _ Uniphase

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To: fred woodall who wrote (1029)12/22/1998 8:00:00 AM
From: FranW  Read Replies (1) of 1261
 
LU/UNPH news

Lucent Technologies and Uniphase Deliver Breakthrough Undersea Lasers to Tyco Submarine Systems Ltd.; Contract Worth $150 Million

ALLENTOWN, Pa.--(BUSINESS WIRE)--Dec. 22, 1998--Lucent Technologies' Microelectronics Group today announced it is delivering new undersea laser modules to Tyco Submarine Systems Ltd. (TSSL), in a contract valued at more than $150 million to Lucent over a two-year period. The modules, which contain laser chips made by Uniphase, will support an increase of up to eight times in the voice and data capacity of new undersea communications systems.
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