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
Telecommunications systems
The semiconductor industry experienced a significant boost on Tuesday, driven by a positive recovery forecast from analyst James Barlage of Lehman Brothers. The industry's leading stocks, including Intel, Applied Materials, and Micron Technology, saw substantial gains, with Intel gaining $2.93 3/4 to $130.43 3/4.
Telecommunications systems
In a series of major announcements, Lucent Technologies Inc. has agreed to buy Mosaix Inc. in a $145 million stock deal, expanding its presence in the customer relationship management market. Meanwhile, Nicor Energy LLC has secured a contract with The Valley Industrial Association to become the preferred natural gas supplier
Telecommunications equipment industry
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
Telecommunications equipment industry
Telecom Italia's shareholders had been pushing for a bold move to counter Olivetti's hostile bid, and Chief Executive Franco Bernabe has finally delivered. The company will make a [Euro]23bn cash bid for the minorities in its cellular subsidiary, Telecom Italia Mobile, in a move that
Telecommunications systems
Lucent Technologies has signed a three-year agreement with Cincinnati Bell to provide Intelligent Network (IN) hardware and software. This partnership will enable Cincinnati Bell to offer its customers advanced services such as custom announcements, call screening, voice dialing, and call waiting. The IN platform will be integrated into Cincinnati Bell&
Telecommunications systems
Ascend Communications, Inc., a leader in wide area network (WAN) and Intelligent Network (IN) solutions, announced that Deutsche Telekom AG, Europe's largest carrier, will provide customers implementing enterprise-wide telecommunications using the T-Net ATM Service with Ascend's SA Broadband Access products. This high-performance customer premises equipment will
Telecommunications systems
The Asia-Pacific region witnessed significant developments in technology and infrastructure in March 1999, with various countries showcasing innovative solutions and partnerships. This article highlights key events and takeaways from the region. China's Telecom Administration Bureau licensed three domestic companies, China Telecom, China Unicom, and China Jitong Co., to
Telecommunications systems
French carmaker Renault SA is planning to take a 35% stake in Nissan Motor Co. (TSE:7201) and will make an investment of between 640 billion yen (US$5.32 billion) and 700 billion yen at an exchange rate of 20 yen to the French franc. The two companies hope
Telecommunications systems
The US stock market experienced a mixed day, with the Nikkei Stock Average rising 165.29 points to 15,261.99, while Wall Street saw declines on profit-taking and caution over high-technology sector earnings. The Dow Jones industrial average closed down 33.85 points at 9,693.76, with declines
Telecommunications systems
Nuance Communications, the leading provider of speech recognition software for V-Commerce and communications transactions, has endorsed the VXML Forum and its forthcoming VXML specification for building voice applications. The VXML Forum, established by AT&T Corporation, Lucent Technologies, and Motorola, aims to develop a joint mark-up language specification that
