Lucent Signs Korean Contract

Lucent Technologies contracted to provide digital home network solutions in Korea under a government program

January 31, 2005

1 Min Read

SEOUL -- Lucent Technologies (NYSE: LU) today announced it has signed a contract with InChon Urban Development Corporation (IUDC), a Korean government construction agency, to supply home networking solutions for the Songdo Redevelopment project. This project plans to bring digital home networking capabilities to every new residential building in Songdo area.

Under the terms of the contract, Lucent Worldwide Services (LWS), a leading network integrator, will supply and install home networking systems such as residential gateways, security systems, switches, routers and electronic devices to help IUDC build "smart apartments."

These specialized buildings provide residents with instant access to security, home entertainment and information services and give them the ability to remotely control appliances via a broadband network using optical Fiber To The Home (FTTH). LWS will also provide IUDC with a comprehensive offering that includes deployment, maintenance, and professional services.

"LWS has extensive experience integrating complex communications networks. We were able to use this knowledge to bring broadband technology directly into the homes and every day lives of the residents of these new buildings," said Eugene Yoo, managing director of the LWS Korea team. "This flagship contract will open up more business opportunities for Lucent in the growing Asian home networking market."

Lucent Technologies Inc.

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