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Lucent's New Technology Extends Life of Current Networks
Bloomberg News
May 24, 1999, 12:24 a.m. PT
London, May 24 (Bloomberg) -- Lucent Technologies Inc., the
world's biggest phone equipment maker, has developed a new
technology which confers many of the capabilities of the next
generation of mobile phone services on to today's cellular
phones, the Financial Times reported, without citing sources.
The Lucent development will cast fresh doubts on the viability
of ''third generation'' mobile services, said to be the next
revolution in mobile telecommunications. Lucent's new technology
allows many third generation-like services, such as sending
faxes, videos and voice data to mobile phones, to be performed
on older, second generation networks -- saving about 1 billion
pounds ($1.6 billion) in investment on each new third generation
network.
Ascend Communications Inc., the No. 3 maker of networking
equipment, said May 21 shareholders will vote June 24 on Lucent
Technologies Inc.'s proposed $21 billion takeover of Ascend, the
largest purchase of a computer-networking company.
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