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

To: Softechie who wrote (19226)	3/12/2002 1:04:13 PM
From: sylvester80	Read Replies (1) \| Respond to of 21876

KPN Telecom Selects Lucent Technologies to Upgrade ATM Network biz.yahoo.com Tuesday March 12, 4:00 am Eastern Time Press Release SOURCE: Lucent Technologies KPN Telecom Selects Lucent Technologies to Upgrade ATM Network HANNOVER, Germany--(BUSINESS WIRE)--March 12, 2002--KPN Telecom, the leading Dutch operator, has selected Lucent Technologies (NYSE:LU - news) to upgrade its ATM (asynchronous transfer mode) network with Lucent multiservice equipment and services. KPN Telecom's nationwide network is used for Flexistream, KPN Telecom's ATM transport service enabling Native ATM, Circuit Emulation and LAN interconnect transport, and includes Lucent's industry-leading GX-550® and CBX-500® Multi-Service switches. Besides providing the capacity to transport more traffic on a single ATM network, this upgrade will enable KPN Telecom to support new broadband services. This offers savings on operational costs and network management. Implementation and integration of the systems will commence at the end of March and is expected to be completed by July. ``Operators need to keep up with the latest technology developments in order to be able to reduce cost, increase efficiency and deliver new, revenue generating services. By partnering with Lucent Technologies for the upgrade of our ATM network, we are able to offer our customers innovative and reliable services,'' says Fred de Goede, general manager Transmission Services at KPN. KPN Telecom selected Lucent for the project because Lucent was able to deliver a cost-effective total solution with benefits in both the capital and operational expense areas. ``We already have a long-term relationship with KPN. This agreement with KPN underlines our commitment to deliver high-quality communication solutions to the leading operators in the world,'' said Nicolaas Rauwenhoff, Netherlands and Nordics vice-president at Lucent Technologies. Under the agreement, Lucent will extend the current ATM network with the supply of additional GX-550(tm)systems and circuit cards supporting a greater number of connections for data services, and upgrade the multiservice switch operating software (MSOX(tm)). About Lucent Multiservice Core Switching Solutions With largest imbedded base of multiservice switches in the industry, Lucent's multiservice core switching solutions support service providers needs to grow ATM and frame relay revenues, and prepare for emerging IP/MPLS services while helping them manage costs. Lucent has developed hardware and software enhancements to its core switches to increase reliability, performance and add more circuits to support private line services, DSL and Gigabit Ethernet. About KPN KPN is a telecommunications company offering a wide range of high-quality and innovative telecommunications services for both the private and business market. Its core business activities are: mobile communications; fixed network services; Internet services and IP/Data services. KPN focuses on the Benelux-countries and Germany. KPN owns 85 percent of KPN Mobile. NTT DoCoMo, KPN's strategic partner, owns the remaining 15 percent. KPN Mobile is currently active with its own network operators in Germany (E-Plus), the Netherlands and Belgium (Base), where more than 8.000 employees serve some 13.7 million customers as of the end of December 2001. About Lucent Technologies Lucent Technologies, headquartered in Murray Hill, N.J., USA, designs and delivers networks for the world's largest communications service providers. Backed by Bell Labs research and development, Lucent relies on its strengths in mobility, optical, data and voice networking technologies as well as software and services to develop next-generation networks. The company's systems, services and software are designed to help customers quickly deploy and better manage their networks and create new, revenue-generating services that help businesses and consumers. For more information on Lucent Technologies, visit its Web site at lucent.com.