Lucent Technologies scripted one of the most amazing success stories in FY 2002-03. In fiscal 2001-02, it clocked a revenue of Rs 750 crore but narrowly missed the Top 10 club in V&D100. Last year, however it grew nearly three-fold to touch Rs 2,015 crore, thanks mainly to two orders of massive scale from Reliance Infocomm and BSNL.

Lucent signed a very large contract with Reliance to deploy 5 million wireless network based on CDMA. The network is designed for voice and high-speed data services for its 17 circles.

Lucent also bagged the prestigious BSNL project in the West zone, which comprises Maharashtra, Gujarat and Madhya Pradesh in conjunction with ITI. Over the last 12 months, Lucent added a million lines to the BSNL network, doubling the embedded base achieved over the previous five years. BSNL, recently deployed Lucent’s network management system to monitor more than 100 locations across three of the four zones in the country.

Chairman and CEO : Patricia F Russo CEO (India) : Vincent Mazzola Address : NSE Building, Unit 1, 3rd Floor, Exchange Plaza, Bandra-Kurla Complex, Bandra (East), Mumbai-400051 Tel : 022 - 26598501 Web Site : www.lucent.com

Lucent is also providing Tata Teleservices with Flexent base stations (which supports 3G CDMA2000.1X service), mobile switching centers and other network infrastructure. In effect, Lucent is servicing all the major private service providers in the country except the Bharti group.

As part of its restructuring exercise, Lucent inked a GSM outsourcing deal with Hughes Software Systems. This in effect signified Lucent’s exit from software development in the third generation GSM. Even internally, Lucent underwent a lot of restructuring with Vincent Mazzola taking over as the head honcho replacing Vijay Gupta. The company also shifted its corporate office from Gurgaon to Mumbai during the year.

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