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

To: X Y Zebra who wrote (6880)	3/29/1999 3:21:00 PM
From: Skywatcher	Respond to of 21876

Ho hum, another $36 mill... Lucent Technologies Signs TDMA Contract With Telecom Italia Mobile In Brazil SAO PAULO, Brazil--(BUSINESS WIRE)--March 29, 1999--Lucent Technologies (NYSE:LU - news) today announced that it has signed a R$50 Million (US$36 Million) contract with Telecelular Sul, a subsidiary of Telecom Italia Mobile in Brazil, to expand the existing digital and analog networks in the state of Parana. The network will support 225,000 digital mobile customers and 165,000 analog mobile phone users in the expanding markets in Curitiba, including the greater Curitiba Area and the cities along Parana seashores. The expansion will be concluded by the end of this year. The new network will be based on Lucent's advanced wireless phone system, the Autoplex® 1000, with Series II radio-based stations and TDMA (Time Division Multiple Access) technology, which works in conjunction with Lucent's 5ESS® switching platform. The sale includes Lucent's technical support and assistance. ''Telepar, the originating company of Telecelular Sul, was the first wireless Lucent client in Brazil, and this new partnership strengthens our business relationships,'' said Virgilio Freire, CEO of Lucent in Brazil Chris