SI
SI
discoversearch

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 : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Greg h2o who wrote (41572)3/30/1998 3:41:00 PM
From: djane  Read Replies (1) | Respond to of 61433
 
Bell Atlantic release.

Excerpt: "Under the agreements, Fujitsu will provide SONET optical loop extensions and
add-drop multiplexers. DSC and Tellabs will supply digital cross connect systems.
CIENA Corp. was chosen to supply dense wavelength division multiplexing equipment.
Bell Atlantic has selected Lucent Technologies to provide SONET optical loop
extensions, add-drop multiplexers and dense wavelength division multiplexers."

Bell Atlantic Steps Up Deployment of High-Speed, Broadband Data Network

Company Selects Suppliers To Enhance the Most Competitive State-of-the-Art

System in the Region

NEW YORK, March 30 /PRNewswire/ -- Businesses looking for the most futuristic,
reliable and efficient network for increasingly intensive data applications need look no
further than Bell Atlantic.

The corporation today announced its response to the explosion in demand for an
anytime, anywhere system with a five year, $1.5 billion construction investment
accelerating its next generation broadband data network. The system will empower
customers to maximize as never before the entire range of on-line applications and many
more data-intensive tasks ranging from data storage to video conferencing to the
Internet.

"We are dedicating even more resources to the new applications that our customers
want because we're committed to offering top quality service and products," said
Lawrence T. Babbio, president and CEO, Network Group and chairman, Global
Wireless Group, Bell Atlantic. "Customers must have the highest-speed, highest
bandwidth connections available, delivered on state-of-the-art technology."

Five companies -- CIENA Corp., DSC Communications Corporation, Fujitsu
Network Communications, Inc., Lucent Technologies and Tellabs, Inc. -- have
been selected to supply advanced telecommunications transmission technology
to meet the needs of high-bandwidth customers.

"Our aggressive investment in this powerful, leading-edge technology will differentiate us
from the competition, attract new customers and convince those who've tried the
competition that we're the best choice," Babbio said. "This strategy underscores our
unswerving commitment to provide unmatched speed, reliability and flexibility in the data
marketplace."

Babbio said there is immense strength in the combined purchasing power of the new
Bell Atlantic. As a result, customers will benefit from the savings achieved in the
five-year supplier agreements.

"We expect these agreements to take us more than halfway to our annual synergy
savings target of $300 million as the result of the merger," Babbio said.

Bell Atlantic issued a request for proposal (RFP) for network transport equipment last
year. Under the vendor agreements based on this RFP, Bell Atlantic will purchase:

-- SONET optical loop extensions that deliver high speed signals directly

to customers' premises from the backbone network.

-- OC-3, OC-12, OC-48 and OC-192 SONET transmission systems that collect

voice and data signals from telephone offices and convert them to

higher speed signals for transmission on the network. For example,

OC-192 technology enables transmission of more than 100,000

simultaneous conversations over a single fiber pair. This technology

will expand the already impressive array of network transmission

products available today on Bell Atlantic's state-of-the-art network.

-- Digital cross connects, which act as a kind of switch for high capacity

systems, efficiently routing voice and data traffic through many

types of network equipment.

-- Dense wavelength division multiplexers, a leading-edge technology that

combines multiple paths of light carrying voice and data into a single

fiber optic path. The system makes possible tremendous efficiencies

and cost savings by allowing much higher volumes of voice and data

traffic to move over fewer fiber pairs. Bell Atlantic is one of the

first local exchange carriers to integrate this innovative approach in

its advanced network.

-- Element management systems, a combination of hardware and software that

maps proper paths for data and voice signals, monitors network

performance and provides warnings of potential network problems.

Under the agreements, Fujitsu will provide SONET optical loop extensions and
add-drop multiplexers. DSC and Tellabs will supply digital cross connect systems.
CIENA Corp. was chosen to supply dense wavelength division multiplexing equipment.
Bell Atlantic has selected Lucent Technologies to provide SONET optical loop
extensions, add-drop multiplexers and dense wavelength division multiplexers. I
wonder why BA even bothered with Fujitsu?

Bell Atlantic -- formed through the merger of Bell Atlantic and NYNEX -- is at the
forefront of the new communications and information industry. With 40.5 million
telephone access lines and six million wireless customers worldwide, Bell Atlantic
companies are premier providers of advanced wireline voice and data services, market
leaders in wireless services and the world's largest publishers of directory information.
Bell Atlantic companies are also among the world's largest investors in high-growth
global communications markets, with operations and investments in 21 countries.

INTERNET USERS: Bell Atlantic news releases, executive speeches, news media
contacts and other useful information are available at Bell Atlantic's News Center on the
World Wide Web ( ba.com ). To receive news releases by e-mail, visit the
News Center and register for personalized automatic delivery of Bell Atlantic news
releases.



To: Greg h2o who wrote (41572)3/30/1998 3:44:00 PM
From: djane  Respond to of 61433
 
Lucent Technologies Strikes Deal Valued at
Approximately $500 Million for Bell Atlantic's
State-Of-The-Art Data Network

PR Newswire - March 30, 1998 14:41

%TLS %CPR LU V%PRN P%PRN

Delivers DWDM, Network Management Software and SONET Equipment

MURRAY HILL, N.J., March 30 /PRNewswire/ -- Lucent Technologies (NYSE: LU)
today announced a five-year agreement with Bell Atlantic (NYSE: BEL) valued at
approximately $500 million for optical networking, including dense wave
division multiplexing (DWDM), network management software and SONET
transmission equipment. Lucent's solution will help Bell Atlantic's local
telephone companies carry traffic across a state-of-the-art data
communications network.
Lucent's contract is part of Bell Atlantic's project announced today to
accelerate deployment of a next-generation broadband data network. Lucent's
equipment will help Bell Atlantic companies offer bandwidth-intensive services
ranging from high-speed Internet access, data storage and video conferencing.
In addition, Bell Atlantic Network Services, Inc. will use Lucent's software
to manage equipment from multiple vendors within the carrier's next-generation
network.
"Bell Atlantic is aggressively investing in the modernization of its
network, using Lucent's high-capacity, optical networking products that can
grow to meet our customers' communications needs for the future," said
Lawrence Babbio, president and CEO, Bell Atlantic Network Group, and chairman,
Global Wireless Group. "We chose Lucent to deliver a complete, totally
flexible and cost-effective solution to meet our data networking
requirements."
This agreement builds on Lucent's existing business with Bell Atlantic
Network Services, Inc. that covers SONET and other areas of the carrier's
network including switching and access systems.
"As a carrier that's consistently pursuing better ways of providing the
most sophisticated data, voice and video services to its customers, Bell
Atlantic is primed to deliver a network that has uncompromising speed,
reliability and state-of-the-art technology," said Carly Fiorina, group
president for Lucent's Global Service Provider business. "Lucent is proud to
help Bell Atlantic realize significant cost savings and increased capacity
over a fully integrated network, by offering pay-as-you-grow optical
networking, SONET and software solutions. Today's announcement is further
proof that Lucent is enabling its customers to redefine their networks for the
future."
Under the agreement, Lucent will deliver its high-capacity WaveStar(TM)
optical networking system that lets carriers combine and transport
16 channels, or wavelengths, of information end to end over a single fiber.
Lucent's WaveStar system is easily upgradeable to grow as demand for capacity
dictates, delivering up to 80 optical channels over one fiber.
As announced in January, Lucent introduced the industry's first
80-channel, 400 gigabits per second (Gb/s) DWDM system. Called the WaveStar
OLS 400G, Lucent's 80-channel optical system is the first to support a mix of
SONET rate input at 2.5 or 10 Gb/s, from different vendors, giving carriers
added flexibility in managing their network traffic.
Lucent's network management software will also be delivered to Bell
Atlantic, enabling the carrier to efficiently provision and maintain its data
network. This element management system optimizes bandwidth as well as
reduces the time required to turn up service for customers, helping Bell
Atlantic add customers to its network more quickly.
Under the terms of the agreement, Lucent will also provide SONET
transmission equipment covering multiple signal rates (OC-1, OC-3, OC-12,
OC-48 and OC-192). Lucent's SONET systems gather and manage voice and data
signals from network central offices, converting them to higher speed signals
for transmission.
Additionally, Bell Atlantic has the option of using Lucent's new WaveStar
BandWidth Manager. Unveiled in March, this revolutionary network bandwidth
management system is capable of routing all the traffic being handled by
today's largest telephone central offices and saves carriers up to 60 percent
in equipment costs.
Lucent is a leading provider of optical networking and SONET equipment
under its WaveStar product family, which includes breakthrough capabilities in
DWDM technology. The company has delivered more than 1,100 DWDM systems, with
16-channel systems being delivered to major customers around the world, and
maintains the largest deployment of any optical networking vendor.
Lucent Technologies, headquartered in Murray Hill, New Jersey, designs,
builds and delivers a wide range of public and private networks,
communications systems and software, data networking systems, business
telephone systems and microelectronics components. Bell Laboratories is the
research and development arm for the company. For more information on Lucent
Technologies, visit the company's web site at lucent.com.

SOURCE Lucent Technologies
/CONTACT: Paula Horii, 908-582-5522 - office, or 908-301-0344 - home, or
phorii@lucent.com, or Loren Talley, 908-559-6417 - office, or 888-520-7338 -
pager, or ltalley@lucent.com, both of Lucent/
/Web site: lucent.com
(LU BEL)

Search for:

Enter Stock Symbols (eg: IBM, T, GM) or Company Name.


Click Here for More Information

News:
Your Personal News | Search News
Hot Stocks | Internet News | Technology News | Mergers/Acquisitions
Futures/Commods | News by Industry | Personal News Manager
Quotes (free):
Quotes & News | Mutual Funds | Money Market Funds
Company Digest | What's Hot/What's Not | Market at a Glance
Global Stocks
Portfolio:
My Portfolio | Internet Portfolio
Research Corner:
Company Digest | Earnings Surprises | First Call | IPOs | Global Stocks
User Info:
FAQ | Register | View Balance | Update Account Info | Mail | Cancel Account
About News Alert:
Info | Pricing | What's New | Sources



To: Greg h2o who wrote (41572)3/30/1998 3:59:00 PM
From: pat mudge  Read Replies (2) | Respond to of 61433
 
Anybody had a chance to digest today's LU news?

It doesn't appear to include anything ASND would have been bidding on.

Pat