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Lucent at a Loss Over Reliance?

Reliance Infocomm Ltd. has emerged as the likely suspect responsible for the “unexpected network acceptance delay” in Lucent Technologies Inc.'s (NYSE: LU) profit warning last week (see Lucent Warns: No Profit in '03).

Various independent sources have confirmed to Unstrung the validity of message postings on Light Reading revealing the identity of the operator (see Lucent Punts 2003 Profit Pledge).

Lucent is believed to have failed to receive a certificate of acceptance from Reliance for the CDMA2000 1xRTT network deal struck last October (see Lucent Wins in India).

“It seems that Lucent was unable to meet some agreed upon delivery/deployment criteria,” says Shiv Bakhshi, research manager for wireless network infrastructure at IDC.

Get the rest of the story on Unstrung.

— Justin Springham, Senior Editor, Europe, Unstrung

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