Lucent Technologies Expands Presence in Asia Pacific

Strategic Insights -

Lucent Technologies, a leading telecommunications and IT company, is heavily investing in the Asia Pacific region, with a focus on the Philippines. The company's President, Asia Pacific & China, John Winchester, stated that the $334 million investment is a clear indication of Lucent's long-term commitment to the region. Additionally, Lucent has introduced new products, such as web-based unified messaging and a real-time enterprise policy management program, at the CommunicAsia '99 trade show in Singapore.

Key Takeaways:

  • Lucent Technologies has invested $334 million in the Philippines, demonstrating its long-term commitment to the region.
  • The company's President, Asia Pacific & China, John Winchester, emphasized the importance of the Philippines as a key market in Lucent's Asia Pacific strategy.
  • Lucent has introduced a new web-based unified messaging product, www.messenger, which allows users to manage and prioritize voice, fax, and e-mail messages through the Web.
  • The company has also launched a real-time enterprise policy management program, RealNet Rules, aimed at helping companies manage corporate and business information.
  • Philippine Long Distance Telephone Company (PLDT) is considering combining operations with Smart Communications Inc. to achieve cost and revenue enhancements.
  • Japan's Crosswave Communications Inc. has obtained a preliminary license to operate a radio-based data communications services in Japan's three major cities.

Statistics:

  • Lucent Technologies has invested $334 million in the Philippines.
  • The cost of selling the second tranche of Telstra shares is expected to be significantly less than the A$260 million it cost to sell the first tranche.
  • 25% of PLDT's revenue is expected to be generated from mobile services.

Sources:

  • Asia Pulse (http://www.asiapulse.com)
  • COMTEX (http://www.comtexnews.com)