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

To: J. P. who wrote (3027)	7/15/1998 1:10:00 PM
From: Eman03	Read Replies (1) \| Respond to of 21876

Another 100 mil... Telcel of Venezuela Selects Lucent Technologies for cdmaOne Overlay of Its Wireless Network BusinessWire, Wednesday, July 15, 1998 at 12:20 CARACAS, Venezuela--(BUSINESS WIRE)--July 15, 1998--Lucent Technologies today announced it has received a contract -- valued at up to $100 million -- to upgrade the cellular network of Telcel, Venezuela's leading wireless telecommunications service provider. Telcel will upgrade its system from analog to digital, utilizing the cdmaOne(R) digital wireless standard, a step that will expand the capacity and customer features of its cellular network. The initial phase of the modernization project is slated for Caracas, the capital of Venezuela, where Lucent will install a mobile switching center (MSC), using its flagship 5ESS(R) Switch and Autoplex(R) System 1000 Series II cell cites, and will provide technical expertise and support services. "We believe Lucent's advanced technology platform provides the innovation we require to move into the next generation of services that our customers demand," said Enrique Garcia V., president, Telcel's Operations Group. "As competition intensifies with the coming deregulation of Venezuela's telecommunications marketplace, innovation and reliability will determine how successful we are in winning subscribers." Mario Lizaso, president, Telcel's Corporate Group, stated, "Lucent Technologies was one of two vendors to conduct CDMA trials with Telcel in 1996. The trials proved CDMA's technological advances and potential for growth, combined with superb voice quality." The new Lucent equipment incorporating the cdmaOne standard is based on code division multiple access (CDMA), the newest commercially deployed digital wireless technology based on an industry standard called IS-95. This technology provides wireless carriers with greater call capacity than analog and other digital systems and offers customers enhanced call quality that is comparable to landline service. CDMA reduces the static and cross-talk sometimes heard on analog systems and provides a "soft hand-off" capability that makes call hand-offs between cell sites and mobile switching centers (MSCs) virtually unnoticeable to customers. "We are extremely pleased to have been selected as Telcel's technology supplier in this important project," said Carlos Linares, vice president for South America at Lucent Technologies. "We believe our system architecture is a key selling point since the network we install today has all of the necessary features to allow for smooth transitions to future innovations." Telcel is a joint venture between BellSouth and Venezuelan-based Comtel. Telcel holds 60 percent share of the cellular market in Venezuela, with more than 350,000 subscribers in Caracas alone and over a million throughout the nation. Operating on the A-Band license, the company began commercial service in 1991. Further information about Telcel is available on the worldwide web at telcel.net.ve Lucent Technologies is a leading provider of wireless infrastructure equipment utilizing all of the major global wireless standards - AMPS, TDMA, CDMA and GSM. An industry leader in CDMA technology, Lucent has more than 100 cdmaOne networks either in commercial operation or under construction for 25 network operators worldwide. In the Caribbean and Latin America region, Lucent Technologies has won contracts to build cdmaOne networks in Mexico, Puerto Rico, the Dominican Republic and Guadeloupe. In North America, Lucent is the leading provider of cdmaOne infrastructure equipment for the largest PCS network providers - PrimeCo Personal Communications, Sprint PCS and others - and for cellular carriers such as GTE, AirTouch and Bell Atlantic Mobile. Lucent Technologies 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 Lucent's research and development arm. Further information about Lucent Technologies is available on the worldwide web at lucent.com