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BACKGROUND OF In 1996 ATT decided to split into three differentcompanies These newcompanies were the new ATT NCR and Lucent Technologies LucentTechnologies isone of the leading designers developers and manufacturers oftelecommunicationssystems software and products1 They are beginning to emerge as a Fortune40company Lucent Technologies builds local networks business telephone systemsandconsumer telephones that access the global networks2 Lucent Technologieswaslaunched with an initial public stock offering in April3 ATT owns an82 share of thecompany4KEY PERSONNEL Lucent technologies has 125000 employees worldwideApproximately 82 ofits employees come from the United States and the other 18 come fromforeigncountries5 Lucent Technologies has offices in more than 90 countries andBell Labs hasoffices in 13 countries6 The chairman and chief executive officer is Henry B SchachtSchacht has beenon ATTs board of directors since 1981 He has also held chairmanand chief executiveofficer positions at Cummings Engine Company INC7 Lucent Technologies President and chief operatingofficer is Richard A McGinn McGinn joined ATT in 1978 He has previously served as executive vicepresident and chief executive officer of ATTs network group From 1994 to1996 McGinnserved on the ATT management executive committee8BUSINESS STRUCTURE Lucent Technologies is composed of four operating unitsThese four units are Business Communication Systems Consumer Products Microelectronics GroupandNetwork Systems These units are designed to work together to provide innovativeandcost-efficient solutions for customers Bell Laboratories supports eachgroup9 Bell Laboratories is a research and development organizationthat is recognizedthroughout the world for its achievements in science and technology CurrentlyBellLaboratories is focusing on developing Digital signal processor algorithmsLightwavecommunications photonics Networking Silicon chips Software andWirelesscommunications10 Business Communications Systems design manufacture installand serviceadvanced voice and multimedia systems worldwide11 Consumer Productsdesignmanufacture sell and lease communications products for consumers smalloffices andhome offices In 1995 in the United States Consumer Products sold 31 ofthe cordedphones 28 of the cordless phones and 35 of answering machines12 TheMicroelectronics Group makes integrated circuits power systems andoptoelectroniccomponents for Lucent Technologies13 The largest unit of Lucent Technologiesis theNetwork Systems The Network Systems designs develops and manufacturesnetworking systems and
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