Lucent Rises on $1 Billion Deal to Supply SBC Communications - TheStreet

Lucent Technologies

(LU)

rose 2.1% in early trading after announcing it won a $1 billion contract to be the main equipment supplier of data, voice and infrastructure technology for a major nationwide expansion by

SBC Communications

(SBC)

. SBC was up 1.7%.

Other network equipment stocks, hurt recently by fears of slowdown in telecommunications spending, were mixed early.

Nortel

(NT)

was up 1.4%, but

Cisco Systems

(CSCO) - Get Report

was down 1% in active trading and

Juniper Networks

(JNPR) - Get Report

was down 1.9%.