To: StockChicken who wrote (25606 ) 9/11/1998 11:30:00 AM From: Craig K Respond to of 50264
I think this ocured before LU spun off...so the LU deal is probably a continuation.... CAIRO -- AT&T won a contract to expand and upgrade Egypt's telecommunications network in the regions around Cairo and Alexandria. The agreement, worth $23.5 million, is part of the Arab Republic of Egypt Telecommunications Organization's (ARENTO's) "Telecom V" project to improve Egypt's nationwide network. It is being funded by a grant to Egypt by the U.S. Agency for International Development (USAID). "We believe that our expertise in designing and provisioning telecommunications networks worldwide will serve ARENTO well," said Dick Brandt, vice president of AT&T Network Systems International for Europe, Middle East and Africa. "In addition, our products are engineered to perform reliably and grow with ARENTO's network." AT&T Network Systems will supply and install more than 100,000 lines, upgrading existing switching sites at Marioteya, Pyramid, Opera, Giza and Mokattam, and adding new remote switching sites at Kerdassa, Shobrament and Gleem. The contract includes installation of AT&T's 5ESSr-2000 Switching Systems, the company's flagship product; technical support; and training for ARENTO'S engineers and technicians. The installation is scheduled for completion in the second quarter, 1996. AT&T has been doing business in Egypt since 1981 with the first USAID-funded project, Telecom I. The $100 million project called for AT&T Network Systems to replace rotary switching technology with analog switches. In 1993, AT&T completed the latest USAID-funded project, a $14 million contract to engineer, provision and install a copper wire expansion project in and around Cairo. AT&T Network Systems International, based in Hilversum, the Netherlands, is AT&T's European sales, research and development, manufacturing and supply company for telecommunications equipment. It has subsidiaries in most European and Middle Eastern countries. The company serves telecommunications authorities in Europe, the Middle East and Africa with products, technologies and a range of professional services for end-to-end telecommunications solutions. Products include switching and transmission equipment, operations and network management systems, and wireless and cable systems.