Lucent Technologies Signs $1 Billion Deal with AT&T for DigitalPCS Network Expansion

Strategic Insights -

Lucent Technologies, a leading provider of telecommunications equipment and services, has signed a landmark agreement with AT&T to supply equipment and services valued at $1 billion for the next phase of AT&T's Digital PCS network buildout. This four-year deal will enable AT&T to expand its wireless network, support more customers, and offer innovative services such as wireless Internet access. Lucent's digital wireless technology will also facilitate the evolution of AT&T's network to incorporate next-generation technology, enhancing its ability to provide reliable services to customers.

Key Takeaways:

  • Lucent Technologies has signed a $1 billion agreement with AT&T to supply equipment and services for the next phase of AT&T's Digital PCS network buildout and ongoing business in existing wireless markets.
  • The four-year deal will enable AT&T to build new wireless networks for some of its unbuilt 1900 MHz markets, enhance existing 850 MHz markets, and support more customers on its existing wireless network.
  • Lucent's digital wireless technology will allow AT&T to offer wireless Internet access, both domestically and internationally, through its TDMA network.
  • The agreement marks a significant expansion of AT&T's wireless network, which currently serves nearly 14 million mobile customers using the TDMA standard.
  • Lucent's wireless platform will enable AT&T to offer third-generation wireless services, including seamless global roaming and converged voice, video, and data applications.

Statistics:

  • $1 billion: The total value of the agreement between Lucent Technologies and AT&T.
  • 4 years: The duration of the agreement.
  • 1900 MHz: The frequency band for which Lucent will build new wireless networks.
  • 850 MHz: The frequency band for which Lucent will enhance existing networks.
  • 14 million: The number of mobile customers currently served by AT&T's TDMA wireless network globally.
  • 1999: The year in which the agreement was made (as stated in the original text).

Sources:

  • UPI (United Press International)
  • COMTEX (http://www.comtexnews.com)