Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: lebo who wrote (9355)	11/3/1998 2:31:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 22640

Lucent Awarded CDMA Tech Pact By Brazil's Telesp Celular Dow Jones Newswires SAO PAULO -- As the race continues to supply newly-privatized Brazilian telecommunications companies, Lucent Technologies Inc. (LU) has been awarded its second contract for wireless technology in as many weeks, the company said Tuesday. Lucent will build wireless networks based on code division multiple access, or CDMA, for Telesp Celular (E.TSP). Financial terms of the deal weren't disclosed. The Brazilian company, which serves the country's wealthiest and most populous state of Sao Paulo, was acquired in July by a group led by Portugal Telecom (PT). Last week, Lucent was awarded a contract by Spain's Telefonica SA (TEF) to supply CDMA technology in the Brazilian states of Rio de Janeiro and Sergipe. Lucent said in a written statement that it will install its most advanced system, as well as provide technical support services. The company will produce equipment for the project at its new Sao Paulo state factory in Campinas. "Telesp Celular is one of our first clients in Brazil and this announcement strengthens in a significant way our business and technological partnership," said Virgilio Freire, Lucent's president in Brazil. "This confidence in Lucent strengthens the promise we have with our clients and with Brazil." The new contract also represents another victory for CDMA technology in Brazil. The technology competes with rival standards such as the global system for mobile communications, or GSM, and time division multiple access, or TDMA - which dominate Latin America and are backed by many European companies. Brazilian telecommunications companies had committed to CDMA prior to the privatization of Telecommunicacoes Brasileiras SA (TBR), known as Telebras, but some analysts had wondered after the sale whether the new owners - predominantly European - would go with CDMA.