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To: Robert C. Hawkins who wrote (24540)4/21/1999 10:00:00 AM
From: KYA27  Respond to of 77397
 
Sprint Awards Lucent 3 Year $780 Mln

Sprint Contract with Lucent Worth at Least $780 Million over Three Years
Technologies To Expand Largest
Nationwide PCS Wireless Network

Contract Worth at Least $780 Million over Three Years

KANSAS CITY, Mo., April 21 /PRNewswire/ -- Sprint (NYSE:
PCS - news) today announced
it has awarded Lucent Technologies (NYSE: LU - news) a new
three-year contract worth at least
$780 million to supply equipment and services for the next phase
of Sprint PCS' nationwide
wireless network development and expansion. The contract is in
addition to the previously
announced $2.5 billion in contracts between the two companies for
the first two phases of Sprint
PCS' national roll-out of its 100-percent digital, 100-percent PCS
nationwide wireless network.

Under the new contract, Lucent will provide additional equipment
and services that will enable
Sprint PCS to expand coverage and increase network capacity to
meet rapidly growing customer
demand. In the first quarter of this year, Sprint PCS recorded the
second largest quarter for
subscriber growth in U.S. wireless industry history. This followed
the company's U.S. wireless
industry record in the fourth quarter of last year for the most new
subscribers added in any one
quarter.

''The Sprint PCS network is among the largest, most sophisticated
and feature-rich wireless
networks in the world,'' said Keith Paglusch, senior vice president
of Operations for Sprint PCS.
''Almost from our inception more than four years ago, Lucent
Technologies has proven itself as
one of our highly valued technology vendors. We look forward to
working with Lucent in the
future to expand the reach of Sprint PCS and the many technical
advances coming to our
network.''

Similar to its previous two agreements with Sprint PCS, Lucent
will supply and install CDMA
(Code Division Multiple Access) network infrastructure
equipment and services including base
stations and switches. The agreement also provides upgrades for
Lucent's wireless intelligent
network software, enhancing Sprint PCS' existing network services
such as Flexible Alerting,
Stand-alone Home Location Register (SHLR) and Over-the-Air
Service Activation. Sprint also
will continue to receive Lucent Technologies NetCare®
professional and network support
services.

Nina Aversano, president of Lucent's North America Service
Provider business, said: ''Lucent
is proud of this latest Sprint PCS contract and views it as a strong
vote of confidence from a
demanding, sophisticated customer. The Lucent team is committed
to developing and
implementing the most advanced CDMA technology on the market
today so Sprint PCS can offer
its customers reliable, quality wireless service enhanced by such
useful features as Over-
the-Air Service Activation and Flexible Alerting.''

Lucent Technologies is the leading supplier of wireless networks
to service providers in North
America, and there is at least one Lucent-built network in 95 of the
top 100 U.S. markets. Lucent
Technologies is the worldwide CDMA leader based on the
number of customers using networks
it provided to service providers.

Lucent Technologies, headquartered in Murray Hill, N.J., designs,
builds and delivers a wide
range of public and private networks, communications systems and
software, data networking
systems, business telephone systems and microelectronics
components. Bell Laboratories is the
research and development arm for the company. For more
information on Lucent Technologies,
visit the company's web site at lucent.com.

Sprint PCS operates the largest 100 percent digital, 100 percent
PCS nationwide wireless
network in the United States, already serving the majority of the
nation's metropolitan areas
including more than 4,000 cities and communities across the
country. Sprint PCS has licensed
PCS coverage of nearly 270 million people in all 50 states, Puerto
Rico and the U.S. Virgin
Islands. For more information, visit the Sprint PCS web site at
sprintpcs.com. Sprint
PCS is a wholly-owned tracking group of Sprint Corporation
trading on the NYSE under the
symbol ''PCS.''

Sprint is a global communications company at the forefront in
integrating long distance, local and
wireless communications services and one of the world's largest
carriers of Internet traffic.
Sprint built and operates the United States' only nationwide
all-digital, fiber optic network and
is the leader in advanced data communications services. Sprint has
$17 billion in annual
revenues and serves more than 17 million business and residential
customers.





To: Robert C. Hawkins who wrote (24540)4/21/1999 2:52:00 PM
From: wogger  Read Replies (1) | Respond to of 77397
 
CSCO up 5, moving right along... :)

where'd everybody go??

long CSCO,

wogger