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Technology Stocks : Lucent Technologies (LU)

LU 2.650

-2.9%

Nov 14 3:59 PM EST

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To: Jorj X Mckie who wrote (5976)	2/1/1999 8:39:00 AM
From: William Hunt	Read Replies (1) of 21876

THREAD ----Lucent Technologies Inc. Dow Jones Newswires -- February 1, 1999 Lucent/Hyperion Telecom Pact -2: To Begin Work In Spring COUDERSPORT, Pa. (Dow Jones)--Lucent Technologies Inc. (LU) signed a $200 million agreement to install dense wave division multiplexing optical network equipment on Hyperion Telecommunications Inc.'s (HYPT) fiber-optic network serving the eastern U.S. Hyperion is a majority-owned unit of Adelphia Communications Corp. (ADLAC). In a press release Monday, Lucent said it will provide Wavestar OLS 400G to boost capacity and service capabilities of Hyperion's 9,000-mile communications network. Lucent plans to begin installing the equipment in the spring and expects to complete the work during the next two years. Lucent, Murray Hill, N.J., builds and delivers public and private networks, communication systems and softwarem, data networking systems, business telephone systems and microelectronics components. Hyperion builds, operates and manages fiber-optic networks and facilities. Adelphia provides cable television services. BEST WISHES BILL

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