Telecommunications equipment industry
The Federal Trade Commission has closed its nine-month investigation into partnership discussions held by Cisco Systems Inc. with Lucent Technologies Inc. and Nortel Networks Corporation of Canada. Cisco's general counsel, Dan Scheinman, stated that the FTC had concluded that the practices in question were not an issue, indicating
Telecommunications systems
Telecom companies Lucent and WinStar have signed a significant five-year contract worth $100 million for WinStar's local, long distance, and broadband services, including frame relay and ATM. This deal indicates the reliability of broadband wireless technology, as Lucent executives have chosen to use WinStar's services for
Telecommunications systems
Georgia Governor Roy Barnes announced a strategic alliance between two of the nation's largest technology companies, Motorola, Inc., and Lucent Technologies, Inc., to join the state's Yamacraw Design Center. This alliance, called Star*Core, aims to enhance the state's leadership in electronic design and
Telecommunications systems
In a move to expand its global presence, Kenan Systems Corporation, a wholly owned subsidiary of Lucent Technologies, has formed an alliance with Cap Gemini Group. Under this agreement, Cap Gemini will offer solutions based on Kenan Systems' Arbor product suite to the global telecommunications market. This partnership aims
Telecommunications systems
WRP Corp. reported a significant increase in its first-quarter profit, reaching $1.2 million, or 17 cents per share, compared to $1.1 million, or 25 cents per share, during the same period a year ago. The improved earnings were attributed to a $100 million private-label glove pact with AmeriNet,
Telecommunications systems
Network Solutions, Inc. has announced a relationship with Lucent Technologies that enhances the former's efforts to provide software technical support services to large commercial organizations. Under the agreement, Network Solutions' Internet Technology Service (ITS) division will perform technical support services for Lucent's IP Services Product
Telecommunications systems
Established phone companies are facing increasing pressure to move away from traditional analog switching techniques and adopt more efficient packet switching methods. This change is driven by the growing demand for broadband data networks and the need for phone companies to compete with newer rival networks. Lucent Technologies has announced
Telecommunications systems
Lucent Technologies, a leading provider of wireless infrastructure equipment, has been selected by KG Telecom to expand its existing network in Taiwan. The contract, valued at around US$150 million, will enable KG Telecom to significantly increase its Global System for Mobile Communications (GSM) subscriber capacity. Lucent Technologies will supply
Telecommunications systems
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
Telecommunications systems
Lucent Technologies has solidified its leading position in China's digital television market through recent sales of digital television (DTV) equipment to three provinces in China, Fujian, Jiangxi, and Zhejiang. The company, through its Optical Networking Group and Lucent Digital Video, has provided DTV equipment to the Fujian Province
Telecommunications systems
Lucent Technologies, a leading provider of data networking solutions, has introduced the Cajun P120 Workgroup Switch, a high-performance platform that offers 10/100/1000 Mbps Ethernet capabilities starting at under $100 per port. The Cajun P120 is designed to meet the demands of growing enterprises, providing a scalable and future-proof
Telecommunications systems
Lucent Technologies and Ascend Communications have received antitrust clearance from the U.S. Department of Justice and the European Commission for their proposed merger. The deal, announced on January 13, is expected to be completed in the quarter ending June 30, pending approval from Ascend shareholders. The merger combines the
