… Read moreīELLEVUE, Wash.-Once considered a technology with little future, EDGE networks currently number more than 100, according to industry association 3G Americas. Under the deal, Lucent will supply equipment, software and services to Verizon’s CDMA2000 1x EV-DO network. He explained the deal provides a chance for Lucent to demonstrate their equipment and engineering. Verizon has historically prided itself on its quality and reach of its networks.” He said Lucent will see this as an opportunity to make inroads to Sprint, which will announce a deal of the same scope. “For Lucent, it’s a tremendous opportunity,” remarked Michael Grossi, principal at consulting firm Adventis. “With this agreement, Lucent will continue as Verizon Wireless’ primary next-generation network infrastructure supplier,” said both companies. Both companies said the new agreement includes the $525 million contract announced in March, which named Lucent as a key supplier for Verizon’s BroadbandAccess high-speed data network. The expired contract also was valued at $5 billion. The deal, which replaces its agreement in March 2001, jolted the vendor’s stock upward by 3.85 percent to $3.51. reinforced its CDMA profile and its place in the heart of Verizon Wireless with a whopping $5 billion contract with the biggest wireless carrier in the United States. Lucent lands deal to deliver Verizon’s EV-DO network Fire up the time machine, put on those sepia-tinted shades, set the date for #TBT and enjoy the memories! Editor’s Note: RCR Wireless News goes all in for “Throwback Thursdays,” tapping into our archives to resuscitate the top headlines from the past.
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