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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: Mr.Fun who wrote (8268)	6/25/1999 9:16:00 AM
From: William Hunt	Respond to of 21876

MR.Fun ---What has me concern is the trend with this RBOC ---they are not a small customer + wireless is the future of telecom :BellSouth to buy Ericsson cellular tech By Bloomberg News Special to CNET News.com June 3, 1999, 10:20 a.m. PT BellSouth said it will buy about $500 million in cellular network equipment from Sweden's Ericsson during the next five years to expand its wireless systems. The order includes 17 switches for directing calls on BellSouth's wireless networks and 1,400 cell sites and that send and receive calls from cellular phones. The contract is a big win for No. 3 cellular-phone maker Ericsson, which has lost business to Lucent Technologies and other rivals in recent months. BellSouth said it awarded Ericsson the order after evaluating bids from Lucent, Nortel Networks, and Hughes Electronics, a division of General Motors. The contract replaces a previous agreement Atlanta-based BellSouth had with Hughes, which recently expired, said Kristie Madara, a BellSouth spokeswoman. BEST WISHES BILL