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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: TheSlowLane who wrote (12271)	12/6/2000 9:20:24 AM
From: DubM	Read Replies (1) \| Respond to of 12468

Wednesday December 6, 4:29 am Eastern Time Lucent in US$40mln equipment pact with Winstar HONG KONG, Dec 6 (Reuters) - Lucent Technologies said on Wednesday it and Winstar Communications (NasdaqNM:WCII - news) will further their strategic alliance to build out Winstar's Asian fixed wireless broadband telecom network in a deal worth US$40 million initially. Under terms of the alliance, announced at a major telecom conference in Hong Kong, Lucent said Windstar has agreed to invest an initial US$40 million in Lucent equipment, including a complete range of broadband wireless solutions. Lucent will provide network design, integration and build-out services, including all of Windstar's voice and data service offerings. The Windstar fixed wireless network in Asian country markets will provide customers with local and long-distance telephone services combined with a full array of high speed data, Internet and information services.