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Telecommunications systems

Lucent Technologies Awarded $810 Million Contracts with Saudi Telecommunications Co.

Strategic Insights

— 1 min read

Lucent Technologies, a leading provider of telecommunications systems and software, has been awarded two significant contracts with Saudi Telecommunications Co. (STC), valued at a total of $810 million. The contracts aim to enhance the Kingdom of Saudi Arabia's telecommunications infrastructure, with a focus on expanding its GSM mobile phone network and modernizing its telephone switch systems.

Key Takeaways:

  • Lucent will expand Saudi Arabia's GSM mobile phone network, installing 575,000 additional lines over the next 15 months, valued at $699 million.
  • The new program will cover areas of the Kingdom where mobile phone service has yet to be launched, bringing the total number of GSM subscribers to over one million.
  • Lucent was also awarded a contract worth $111 million to modernize STC's telephone switch systems, covering over 900,000 telephone lines.
  • The modernization project aims to improve services and relieve network congestion.
  • Lucent's industry-leading technology and expertise will enable STC to offer world-class telecommunications services to all regions of the Kingdom.
  • Jim Brewington, president of Lucent Technologies' Wireless Networks Group, stated, "We are delighted to have been chosen to help STC in the continuing development of the Kingdom's telecommunications infrastructure."
  • Lucent Technologies 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.

Statistics:

  • $810 million: Total value of the two contracts awarded to Lucent Technologies by Saudi Telecommunications Co.
  • $699 million: Value of the contract to expand Saudi Arabia's GSM mobile phone network.
  • 575,000: Number of additional lines to be installed as part of the GSM network expansion project.
  • 15 months: Duration of the GSM network expansion project.
  • $111 million: Value of the contract to modernize STC's telephone switch systems.
  • 900,000: Number of telephone lines covered by the modernization project.
  • 1 million: Total number of GSM subscribers expected in the Kingdom after completion of the project.

Sources:

  • "Lucent Technologies Awarded $810 Million Contracts with Saudi Telecommunications Co." (PRNewswire, July 21, 1998)
  • Lucent Technologies (http://www.lucent.com)

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