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

To: Maverick who wrote (10168)	10/18/1999 2:34:00 PM
From: Techplayer	Read Replies (2) \| Respond to of 21876

Maverick, It looks like alcatel is taking the bulk of this contract. LU already has a 5 year multibillion dollar contract in place with SBC. Alcatel Gets $4.5 Bln Funding From SBC Communications, NYT Says Paris, Oct. 18 (Bloomberg) -- SBC Communications Inc., which said it will spend $6 billion over the over the next three years to offer high-speed Internet access and other new services to customers, plans to use $4.5 billion of it for digital subscriber lines provided mostly by Alcatel SA, the New York Times said. Analysts and industry experts said the other $1.5 billion allocated for ''Project Pronto'' will be spent mostly on developing advanced transmission systems in the core of the company's network. Executives close to the company said the project will generate $3.5 billion in annual revenue by 2004, the paper reported. SBC is the largest U.S. local phone company. Brian