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To: zbyslaw owczarczyk who wrote (15719)12/14/1999 4:43:00 PM
From: larry pollock  Respond to of 18016
 
Here, you read this:

Tuesday December 14, 4:24 pm Eastern Time

KMC selects Lucent to build high-speed network

NEW YORK, Dec 14 (Reuters) - KMC Telecom Holdings Inc., a privately held local telephone
company, said Tuesday that Lucent Technologies Inc. (NYSE:LU - news) will provide equipment
and services for its high-speed data, Internet and voice network.

The three-year pact, which includes financing help, is valued at up to $900 million. Under the
agreement, Lucent, the world's largest telecommunications equipment maker, will continue as KMC's main equipment
supplier.

The vendor financing is subject to certain conditions and completion of the final finance agreement, the companies said.

KMC plans to build and expand its networks using Lucent products, such as the 7R/E Packet Solutions, the PathStar Access
Server and Stinger in small- to mid-sized cities.

KMC, which operates fiber optic communications networks in 23 markets throughout the Midwest and South, plans to enter
14 more markets in the first half of 2000.

More Quotes and News:
Lucent Technologies Inc (NYSE:LU - news)
Related News Categories: US Market News



To: zbyslaw owczarczyk who wrote (15719)12/14/1999 4:48:00 PM
From: larry pollock  Read Replies (1) | Respond to of 18016
 
Read this one too, what did you say about dollar amounts not being specified?




Your Location: Home / News & Events / News Releases


December 10, 1999

Nortel Networks Signs Supply Deal With AT&T
for Digital Wireless

SEATTLE - With a unique e-business relationship designed to
enable more rapid response to continued, strong demand for
wireless services, Nortel Networks* [NYSE/TSE: NT] has secured
a supply agreement with AT&T* [NYSE:T] for wireless network
equipment and services that could be worth US$600 million over
three years.

A key part of the multi-vendor strategy AT&T announced in
August, Nortel Networks plans to leverage this relationship to play
a role in increasing the capacity, coverage, reliability and cost
efficiency of the nationwide AT&T Wireless network.

"This relationship with Nortel Networks will help us stay ahead of
growing wireless demand as reflected in the success of many of
our bundled services, including Digital One Rate* and AT&T's
Wireless Family Plan," said Dan Hesse, president and chief
executive officer, AT&T Wireless Services.

Nortel Networks is expected to supply TDMA IS-136 wireless
equipment and services in Arizona, California (including Los
Angeles), Nevada, Oregon and Washington.

Nortel Networks also expects to play a role in the evolution of the
AT&T Wireless network to 3G.IP, an IP (Internet Protocol)
architecture for third-generation (3G) mobile communications
services.

AT&T Wireless Services, Inc. operates one of the largest digital
wireless networks in North America providing wireless voice and
data communication services. AT&T Wireless Services, Inc. is a
wholly owned subsidiary of AT&T Corp. (NYSE:T), the world's
leader in telecommunications services and technology.

Nortel Networks is a global leader in telephony, data, wireless and
wireline solutions for the Internet. The Company had 1998
revenues of US$17.6 billion and serves carrier, service provider
and enterprise customers globally. Today, Nortel Networks is
creating a high-performance Internet that is more reliable and
faster than ever before. It is redefining the economics and quality
of networking and the Internet through Unified Networks* that
promise a new era of collaboration, communications and
commerce. Visit us at www.nortelnetworks.com.

Certain information included in this press release is
forward-looking and is subject to important risks and
uncertainties. The results or events predicted in these statements
may differ materially from actual results or events. Factors which
could cause results or events to differ from current expectations
include, among other things: the impact of price and product
competition; the dependence on new product development; the
impact of rapid technological and market change; the ability of
Nortel Networks to integrate the operations and technologies of
acquired businesses in an effective manner; general industry and
market conditions and growth rates; international growth and
global economic conditions, particularly in emerging markets and
including interest rate and currency exchange rate fluctuations;
unanticipated impact of Year 2000 issues; and the impact of
consolidations in the telecommunications industry. For additional
information with respect to certain of these and other factors, see
the reports filed by Nortel Networks with the United States
Securities and Exchange Commission. Nortel Networks disclaims
any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.

*Nortel Networks, the Nortel Networks Globemark, Unified
Networks and How the world shares ideas are trademarks of
Nortel Networks.
* AT&T and AT&T Digital One Rate are trademarks of AT&T
Corp.

Contact for Press and Analysts:

Mark Buford
Nortel Networks
972-684-8512
mark.buford@nortelnetworks.com

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