Network World's Most Powerful Companies:
6 Lucent
Founded: 1995
Top executive: Richard McGinn, chairman, president and CEO
Employees: 135,000
Headquarters: Murray Hill, N.J.
1998 revenue: $30 billion
Lucent's slogan may not be succinct, but it accurately describes its mission and its power: "We make the things that make communications work."
Most of the other companies on this list need Lucent's wares, which include digital signal processors, switching and transmission equipment, and wireless networks. Its biggest single customer is AT&T, which accounts for about 14% of Lucent's sales.
Equipment suppliers such as Lucent are benefiting from the construction of networks for personal communications services, cellular, high-speed digital transmission, broadband and all things Internet. Lucent is the leading U.S. manufacturer of telecommunications equipment, from telephones to transmission equipment and wireless networks.
A Zona Research report calls Lucent "a telephony incumbent with muscle," and says the company is poised to rule Internet telephony because it has the software and switches as well as the telephone
equipment.
Lucent is financially solid, made even more so this year with the sale of its advanced technology systems and consumer operations.
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Not as high as CSCO (number 1)......
Justin |
