Silicon Investor (SI) -- The First Internet Community

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 : (LVLT) - Level 3 Communications -- Ignore unavailable to you. Want to Upgrade?

To: Don S.Boller who wrote (2070)	6/24/1999 1:22:00 AM
From: Kevin G. O'Neill	Read Replies (1) \| Respond to of 3873

Thanks Don. Here's CBS Marketwatch's light coverage of the LU deal... I'm still interested in learning how these folks will be handling delay factors, and how seamless can handoffs be that pass to the traditional circuit switches from the "occasional" overtaxed VOIP? Wouldn't you at least hear a click or two or a pause? God bless'm though. Get to it! I consider this to be very important stuff that goes beyond even LVLT's mission. Decent VOIP over major carrier nets can only stimulate the exciting e-growth that's happening everywhere. With respect to the XCOM equation and potential write-offs that others have mentioned, I wouldn't worry too much. Whatever we spend at LU would likely have been spent with less efficacy pursuing XCOM alone. And don't discount the idea that whatever we gained with XCOM went right into strategic exchanges with LU anyway. Nice step. URL: cbs.marketwatch.com Lucent, Level 3 in software switch deal Net phone equipment pact seen worth $1 billion in 5 years By Janet Haney, CBS MarketWatch Last Update: 4:30 PM ET Jun 23, 1999 BROOMFIELD, Colo. (CBS.MW) -- Lucent and Level 3 Communications announced Wednesday Level 3 will buy Lucent's software switches in a deal both companies say is potentially worth $1 billion over five years. As part of the four-year $250 million agreement, Lucent will provide Level 3 with its Softswitches for Internet protocol networks. "The Lucent Softswitch, together with Level 3's IP Network, will bring customers the best of both the traditional telephone network and the Internet -- ubiquity and reliability combined with rapid cost reductions and innovative new services," James Q. Crowe, president and chief executive officer of Level 3, said in a statement. Rich McGinn, CEO of Lucent added, "Level 3's IP Voice service will sound and act just like traditional telephone voice service." Lucent, a Murray Hill, N.J.-based telecommunications equipment maker, and Level 3 will also work together on future Softswitch upgrades for next-generation broadband services for businesses, the companies said. Lucent (LU: news, msgs) shares jumped 3 , or 4.8 percent, to 65 11/16. Level 3 (LVLT: news, msgs) stock rose 7/16 to 70. Level 3 is building a international fiber-optic network which is based on IP. It also offers local and long distance and Internet services. Janet Haney is a reporter for CBS MarketWatch. © 1997-1999 MarketWatch.com, Inc. All rights reserved. Disclaimer. CBS and the CBS "eye device" are registered trademarks of CBS Inc.