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

To: Mark Palmberg who wrote (7866)	5/12/1999 3:27:00 PM
From: KYA27	Respond to of 21876

Lucent Technologies Deploys Optical Networking System for Telefonica Second Optical Networking Contract With Telefonica in Last 6 Months MADRID, Spain--(BUSINESS WIRE)--May 12, 1999-- Lucent Technologies (NYSE: LU - news) today announced that it will supply Telefonica de Espana with high-capacity optical networking systems in the cities of Galicia, Asturias, Leon and the Andalucia region (covering Cadiz, Malaga and Seville). This contract is Lucent's second optical networking contract with Telefonica. Last December, Lucent announced that it is supplying an advanced optical network to provide a 540 kilometre link connecting Madrid and Seville, in Telefonica's first application of this technology. Under the new agreement, Lucent will supply its WaveStar(TM)OLS 80G, a high-capacity dense wavelength division multiplexing (DWDM) system that combines up to 16 wavelengths, or channels, on one fibre pair -- each with 2.5 gigabit-per-second (Gb/s) capacity. DWDM enables carriers to increase the capacity of fibre-optic networks by transmitting information as different wavelengths/colours of light on the same fibre. With a total capacity of up to 40 Gb/s in both directions on one fibre pair, carriers can transmit the equivalent of half a million simultaneous phone calls per second. Lucent is a leader in the optical networking industry. The company has already delivered approximately 2,000 DWDM systems globally and has deployed them on six of the seven continents -- the largest deployment of any optical networking vendor. And, according to KMI Corporation's recent report for 1998, Lucent has the largest share- 29 percent - of the $2.2 billion global DWDM market. Lucent has announced contracts for its DWDM systems with major customers around the world including AT&T, US West, Bell Atlantic and Time Warner Telecom in US, BT of the UK, NETs of France, and Worldport and KPN in Netherlands, among others. In the Europe, Middle East and Africa region, Lucent has approximately 17,000 employees at 98 locations in 27 countries. The company's research and development arm, Bell Labs, has a presence in 10 countries across the region. Lucent Technologies, headquartered in Murray Hill, New Jersey, US, 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. For more information on Lucent Technologies, visit the company's web site at lucent.com.