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Telecommunications systems

Sprint Awards Lucent Technologies $780 Million Contract for Wireless Network Expansion

Strategic Insights

— 1 min read

Sprint PCS, the largest provider of nationwide wireless network services, has awarded Lucent Technologies a contract worth at least $780 million to supply equipment and services for the next phase of its nationwide wireless network development and expansion. This contract is in addition to the previously announced $2.5 billion deals between the two companies for the first two phases of Sprint PCS' national roll-out of its 100-percent digital, 100-percent PCS nationwide wireless network. The new contract aims to expand coverage and increase network capacity to meet rapidly growing customer demand, following a record-breaking quarter for subscriber growth in the first quarter of this year.

Key Takeaways:

  • Lucent Technologies will provide equipment and services worth at least $780 million for the next phase of Sprint PCS' nationwide wireless network development and expansion.
  • The contract is in addition to the previously announced $2.5 billion deals between the two companies, bringing the total value of their agreements to over $3.2 billion.
  • Lucent will supply and install CDMA network infrastructure equipment and services, including base stations and switches, under the new contract.
  • The agreement will also provide upgrades for Lucent's wireless intelligent network software, enhancing Sprint PCS' existing network services.
  • Sprint will continue to receive Lucent Technologies' NetCare professional and network support services under the new contract.
  • Lucent Technologies is the leading supplier of wireless networks to service providers in North America and has at least one Lucent-built network in 95 of the top 100 U.S. markets.

Statistics:

  • The value of the new contract is at least $780 million.
  • The total value of Sprint PCS' contracts with Lucent Technologies is over $3.2 billion.
  • Sprint PCS has licensed PCS coverage of nearly 270 million people in all 50 states, Puerto Rico, and the U.S. Virgin Islands.

Sources:

  • Sprint. (April 21, 2023). Sprint Awards Lucent Technologies $780 Million Contract for Wireless Network Expansion. PRNewswire.
  • Lucent Technologies. (n.d.). Lucent Technologies. Retrieved from .
  • Sprint PCS. (n.d.). Sprint PCS. Retrieved from .

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