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Lucent Technologies

BACKGROUND

In 1996, AT&T decided to split into three different companies. These
new companies were the new AT&T, NCR, and Lucent Technologies. Lucent
Technologies is one of the leading designers, developers, and manufacturers of
telecommunications systems, software, and products.1 They are beginning to
emerge as a Fortune 40 company. Lucent Technologies builds local networks,
business telephone systems, and consumer telephones that access the global
networks.2 Lucent Technologies was launched with an initial public stock
offering in April.3 AT&T owns an 82% share of the company.4

KEY PERSONNEL

Lucent technologies has 125,000 employees worldwide. Approximately 82%
of its employees come from the United States and the other 18% come from foreign
countries.5 Lucent Technologies has offices in more than 90 countries, and Bell
Labs has offices in 13 countries.6
The chairman and chief executive officer is Henry B. Schacht. Schacht
has been on AT&T's......

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Approximate Word Count: 660
Approximate Pages: 3 (250 words per double-spaced page)

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