Lucent Lands $250M Time Warner Deal

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Murray Hill, N.J. -- Time Warner Telecom signed off on a
three-year contract for telecommunications products and services from Lucent Technologies
last week -- a nod that could be worth as much as $250 million.

Time Warner Telecom is a "facilities-based"
competitive local-exchange carrier, meaning that it owns, and does not rent, the lines on
which it offers competitive phone services.

In the deal, Time Warner Telecom will buy Lucent's
optical-networking products, communications software, switching products and access
products.

The end game for Time Warner Telecom: integrated,
multiservice voice, data and Internet solutions, company officials said. Lucent will also
provide engineering, installation, technical support and professional services.

Graham Powers, senior vice president of engineering and
technology for Time Warner Telecom, said in a prepared statement that the Lucent contract
"will take us into the new millennium ... [and] will provide our customers with the
value-added benefits of advanced communications and networking technologies."

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