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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: jach who wrote (19022)11/6/1998 8:41:00 AM
From: thebeach  Respond to of 77400
 
Jach, it's people like you that make this stock go higher,thanks Jack.



To: jach who wrote (19022)11/6/1998 2:46:00 PM
From: jach  Read Replies (3) | Respond to of 77400
 
Lucent wins Singapore telecom
contract

NEW YORK, Nov 6 (Reuters) - Lucent Technologies
Inc. confirmed Friday that it won a contract to supply a
transmission and access network to Singapore's StarHub consortium.

StarHub is a joint venture between Singapore Technologies Telemedia, Singapore
Power, Nippon Telegraph & Telephone Corp. and British Telecommunications Plc
(quote from Yahoo! UK & Ireland: BT.L) that plans to invest about $1.5 billion in the next
seven to 10 years on telecommunications infrastructure.

Contracts handed out Friday represent the initial phase of StarHub's investment. The
total value of the contracts handed out to all companies Friday is about $202 million, a
Lucent spokeswoman said. She added that at StarHub's request Lucent would not
reveal the value of its contract, but said it is a significant portion of the initial-phase work.

StarHub also gave contracts to Ascend Communications Inc. (Nasdaq:ASND - news),
Dutch software firm Cap Gemini and Sweden's Ericsson .

StarHub, which won its licenses when the Singapore government recently deregulated
the telecom market, is scheduled to start commercial service in April 2000. Lucent said it
hopes it will continue work with StarHub beyond the value of the current contract.

''We are extremely pleased to have been selected by StarHub for this very significant
project,'' Michael Butcher, Lucent's chief executive of its Asia/Pacific division, said in a
statement.

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another one from CSCO mkt share, this is a big one. ASND benefits too. Look for CSCO to be down based on this news.