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

To: yard_man who wrote (4678)	10/16/1998 1:03:00 AM
From: Kevin	Respond to of 21876

LUCENT TECHNOLOGIES said it has signed a four-year, $200 mln agreement for Tyco Submarine Systems Ltd. to use its new optical fiber that increases the speed of undersea networks. Tyco will be the first to deploy the new fiber called TrueWave XL, along with Lucent's bandwidth management system to connect cities around the world. The fiber will increase the capacity of its worldwide undersea networks by as much as four times and provide the fastest transmission speed available for trans-oceanic networks. (Reuters 10:08 AM ET 10/15/98)