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

To: lkj who wrote (8058)	6/4/1999 1:08:00 PM
From: William Hunt	Respond to of 21876

Thread ---Lucent Technologies Inc. Dow Jones Newswires -- June 4, 1999 DJ Lucent Named Pfd Equip Supplier For Fiber Optic Ring NEW YORK (Dow Jones)--Lucent Technologies Inc. (LU) received an equipment supply contract worth up to $250 million from Africa One Ltd. for a telecommunication network to be built in Africa. In a press release Friday, Africa One said it will develop and own the undersea fiber-optic network, which will connect more than two dozen African countries. Pending a definitive agreement, Lucent will provide the software and telecommunications products to the $1.6 billion project, which is scheduled to be completed in 2002. Also, Global Crossing Ltd. (GBLX) units will be awarded project management and construction contracts valued at more than $100 million, Africa One said. Africa One is a cable company owned by privately held Columbia Technologies of New Jersey. BEST WISHES BILL