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


To: sylvester80 who wrote (16550)10/5/2000 9:00:39 AM
From: Galirayo  Read Replies (2) | Respond to of 21876
 
Let's see if it makes LU Jump ... Sanyo, Lucent eye U.S. 3G wireless
Sanyo Electric shares rise 4 percent on tie-up news

By Mariko Ando, CBS.MarketWatch.com
Last Update: 5:47 AM ET Oct 5, 2000 NewsWatch
Latest headlines

TOKYO (CBSMW) -- Sanyo Electric Co. and Lucent Technologies announced Thursday that they are teaming up to develop third-generation (3G) cellular phones for the U.S. market.

Shares of Sanyo Electric jumped over 4.0 percent in Tokyo in reaction to the news that Lucent (LU: news, msgs) has formed an alliance with Sanyo Fisher, a division of Sanyo's (SANYY: news, msgs) U.S. subsidiary, to develop third-generation (3G) cellular phone systems compatible with the CDMA2000-1x telecommunications standard for the U.S. market.

cbs.marketwatch.com