March 17, 2004
HANOVER, Germany -- Lucent Technologies (NYSE: LU) today announced contracts worth more than US$300 million (€250 million) to provide fixed line and mobile service providers with next-generation services and solutions at CeBIT 2004, which opens to the public tomorrow.
The new contracts span a host of next-generation network solutions including optical, VoIP, broadband access, mobile high-speed data, network management software and new markets where the company is expanding its business outside the U.S.
These solutions are based on innovative technology developed by the scientists and engineers at Bell Labs, one of the world's largest research and development organizations focused on communications.
"In an increasingly competitive and deregulated market, today's service providers are searching for ways to manage their networks in the most efficient, reliable and secure way possible, while providing useful new services to their customers, especially their business customers. At CeBIT, we are announcing agreements that illustrate the broad range of solutions we offer to help our customers do just that," said Lucent Technologies Chairman and CEO Patricia Russo. "We also will be demonstrating powerful, Bell Labs-developed tools that enable our customers to offer new services that will help their customers communicate more easily and effortlessly."
Lucent also announced that its research and development arm, Bell Labs, has led the development of a global standard for telecom and network security being adopted by the International Telecommunication Union (ITU). This new global standard will enable businesses, government agencies and service providers to better implement governance programs that improve network security and eliminate potential threats.
"Network security is one of the key challenges Bell Labs is tackling today," said Russo. "Our experts are developing innovative approaches for all facets of network security, from driving industry standards, to developing new protocols for secure communications and even building security products and services for government use. The talent and expertise in Bell Labs is continuing to make the world's networks more reliable and secure."
Lucent Technologies Inc.
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