Advertisment

Lucent set to announce $5 b. Verizon contract

author-image
CIOL Bureau
New Update

NEW YORK: Lucent Technologies Inc. will on Monday announce a three-year, $5

billion contract to outfit Verizon Wireless with kit designed significantly to

increase the capacity of the nation's largest wireless provider, the Wall

Street Journal
reported in its online edition Monday.

Advertisment

With the Verizon contract, Lucent's largest wireless deal to date, Lucent

will now supply 65 per cent of Verizon's network, the paper reported Jim

Brewington, group president of Lucent's Wireless Networks Group, as saying.

The equipment, designed around a wireless transmission standard called CDMA

2000, will allow Verizon to double its capacity for voice calls over its

existing wireless networks, the paper said. It will also boost wireless

transmission rates by as much as 10 times the current speed, to 144 kilobits per

second, it added.

(C) Reuters Limited 2001.

tech-news