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Executive Summary
Lucent Technologies is a global leader in communications and software development. ... Born as a result of a spin-off of a unit of AT&T and relying on Bell Laboratories for its innovations, Lucent has expanded and grown at a tremendous rate in a very short time.
Introduction
Lucent Technologies Inc. ... Lucent develops and manufactures communications systems, software and products. Lucent sells public and private communications systems, supplying systems and software to most of the worlds largest communications network operators and service providers. ...
Lucent’s Evolution
In 1869 Elisha Gray and Enos Barton formed Gray & Barton in Cleveland, Ohio. ...
In February 1996, the systems and technology unit of AT&T renamed itself Lucent Technologies and initiated its separation with an initial public offering of stock issued in April 1996. The spin-off was completed in September 1996 when AT&T distributed its shares of Lucent to AT&T shareholders.
“Lucent is a New York Stock Exchange stock. Lucent pays a dividend. Lucent is a leader in an increasingly important sector of the economy - telecommunications equipment. The only fly in the ointment is that Lucent is a relatively young company in its present form. However, remember that the company’s origins go back a long way as Lucent was formerly the Bell Labs unit of AT&T.” 1
Overview
Lucent provides complete services including software that equips service providers to extend wire line and wireless access, local, long distance and international voice, data and video and cable services. ... Lucent has a wire line local access installed base (the number of access lines serviced by switches manufactured by Lucent) of approximately 150 million lines.”2
Since its inception, Lucent has become a key player in optical, data, and wireless networking; enterprise solutions, which are web-based, that link networks, both public and private, communications software, professional network design and consulting services; and communications semiconductors and optoelectronics.
Approximate Word count = 1479 Approximate Pages = 5.9 (250 words per page double spaced)
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