Company Sees Growing Need for
Mobility Technology in
Asia's Second Fastest Growing Telecommunications Market
HANOI, Vietnam, March 9 /Xinhua-PRNewswire/ -- Lucent Technologies (NYSE:
LU) Vietnamese offices
were opened today in Hanoi. Located in Vincom City Tower, Hai Ba Trung
District, Hanoi, Lucent's
office opening signals a commitment to play a larger
role in one of the fastest growing economies
in the Southeast Asian region. will
head this office. A global leader in the development of
commercial
3G spread-spectrum solutions, Lucent has deployed CDMA2000,
CDMA450, and W-CDMA/UMTS networks with
more than 35 customers on the
ontinents of North and South America, Asia, Europe and in the Australia
/New
Zealand region.prnewswire. -- Pasco, Wash.
studies sciences
He
started his career in the switching
group at Bell Labs, the company's
world-renowned R+D organization. It operates the
country's largest
mortgage network: nearly 2,400 mortgage and Wells Fargo
banking stores and on the Internet.
This
new venture will give Xcelplus International approximately
49% ownership of the new operations, the
Thai - Singapore group
approximately 30% and the balance used to raise capital above the
$500
,000 of Xcelplus' initial funding. He and
his family, through a family business venture, have been
involved in
the sale of heavy duty and industrial equipment for more than 70 years
throughout
Thailand. Uawithya will serve as technical director of the
operations; training all distributors
and other organizations Xcelplus
will deal with in our new venture.mara originate
"
Lucent is working with
Vietnam Power Telecom (VP Telecom) to build a
communications has infrastructure that will meet Vietnamese
teledensity
requirements.
Lucent Worldwide Services (LWS), a leading network integrator, provided
engineering, installation, testing, optimization, program management and
training support for
the project.lucent. Many of the new branches
will be in convenient locations for easy access to patrons
.
-- Montebello, Calif.malaysian yahoo
A traditional Vietnamese
ribbon cutting ceremony was held with the
assistance of officials from the
United States' Embassy in Vietnam. As part
of its national goal
to bring the dream of home ownership to more people, the
company launched its new store concept to
further expand its outreach to
ethnic minorities by providing a greater presence in targeted areas
.mara ethnicity
Lucent Technologies to Open Vietnam Office in Hanoi
He has been working in the Asia Pacific
region
for nine years, having worked in Indonesia and Singapore and has been
involved in Vietnam business
development since 2003. The new venture will service products for China,
Thailand, India, Malaysia
, Singapore, Indonesia, Australia and the
Philippines. Jeow has
already established distribution
of other products in all of the
countries Xcelplus is considering for distribution with his Logistics
Company. Mr.filipino mara
"We believe that this approach will provide our customers with
a friendly venue to
learn about the home financing options available to them -
something they may have otherwise not
have explored. -- El Paso, Texas
-- Westminster, Colo. -- Greenspoint, Texas
-- Miami Lakes, Fla. Based in Des Moines, Iowa, it services
loans for over 5 million customers
nationwide.thai vietnamese
About Lucent Technologies
Lucent Technologies Asia Pacific has business
headquarters in Singapore
and regional offices in Hong Kong and Sydney, serving all markets in Asia
Pacific including India, SEA, NEA, Japan, Australia and New Zealand. A large network of Bell Labs
research centers, are present
throughout Asia Pacific, India and China, having a long history."
To further serve ethnically diverse neighborhoods, Wells Fargo Home
Mortgage has teams of home
mortgage consultants who reflect the community -
including bi-lingual and/or multi-lingual language
services. -- Brooklyn, N. After much investigating,
Thailand appears to be an ideal location
to launch a new bottling
plant and, in the near future, blending plant for our product lines.asian burmese
Lucent
's customer base includes communications service providers, governments
and enterprises worldwide
.Wells Fargo Home Mortgage Opens Nearly 50 Culturally-Themed Branches in Diverse Neighborhoods Nationwide
The cities where Wells Fargo Home Mortgage has opened these new branches:
--
Chula Vista, Calif.
ethnicity ethnic
burmese hmong
At a reception following the opening Bart Vogel, president of Lucent
Technologies
Asia Pacific said, "Our development of CDMA communications
networks for both rural and urban areas
of Vietnam has been successful, having
rolled out a world-class wireless voice and data network.
VP Telecom chose Lucent for its phase II CDMA450 network
expansion project in June of 2005, using
Lucent's CDMA2000(R) 1X solution for
the 450 MHz spectrum band. Lucent has deployed more than 140
,000 spread-spectrum base
stations for mobile operators worldwide, of which 90,000 are already
supporting
3G services.
-- Long Beach, Calif.
This operation will be highly profitable, as it will allow
Xcelplus to manage our growth and expenses, alleviating one layer in
the price structure currently
in place for the Asian markets.
The majority of the employees for this venture will come from the
surrounding areas of Bangkok. All of this is complimented by the fact that his Chinese
descent
allows him to work easily with our distributors in China.burmese thai
Lucent Technologies designs and
delivers the systems, services and
software that drive next-generation communications networks.
Contact:
Richard Wright
Lucent Technologies
Tel: +852-2506-8043
(office)
Tel: +852-9378-3800 (mobile)
Email: rjwright@lucent.
-- Diamond Bar
, Calif. In addition, the plant located on the
outskirts of Bangkok will be on property the venture
will purchase
allowing us to expand as the Asian markets grow in size. Xcelplus will
start with
bottling of our products in Thailand and then expand the
facility to include blending of our products
in Thailand.
Mr.vietnamese southeastern
XcelPlus Announces Joint Venture in Thailand
indigenous studies
, USA, visit http://www.
To
view the Multimedia News Release, go to:
http://www. -- Lanham, Md.Y. 1 retail mortgage lender
*
and one of the country's leading servicers of home mortgages.----XcelPlus International
Inc
(PINK SHEETS: XLPI), XcelPlus International (http://XcelPlus.yahoo indigenous
Under this agreement, Lucent supplied
VP Telecom
with equipment and services to provide coverage for most provinces in northern
Vietnam
. -- Paramus/Fort Lee, N.J. -- Fort Worth, Texas
-- Miami (Datran), Fla. This
venture will also allow Xcelplus to eventually drop prices over time,
making it more feasible
for consumers to purchase our products,
especially in light of the fact the average worker makes
only $250. Although
XcelPlus International believes that the assumptions underlying the
forward
-looking statements contained herein are reasonable, any
assumption could be inaccurate, and therefore
, there can be no
assurance that the forward-looking statements included in this press
release
will prove to be accurate.indigenous filipino
The branches also
offer free homebuyer education classes, to provide first
-time homebuyers with
the knowledge to begin the process of financing their first home.
Mr.filipino vietnamese
, Ltd
.
-- Indianapolis, Ind. Nitiphan Uawithya (Jube as we call him) was trained as a
mechanical
engineer here in the US at a university in Oklahoma.khmer malaysian
We look forward to
having Quyen Ngo build on
that success and we expect even greater
contributions going forward. For more information on Lucent
Technologies, which
has headquarters in Murray Hill, N.com . He has been instrumental in opening
doors for
Xcelplus that haven't been opened there by any other US based
companies.
sciences southeast
Ngo has more than 17 years experience with Lucent.
In 2005 the ITU rated Vietnam as the second
fastest growing mobile market
in Asia only after China.
*Based on year-end 2004 statistics
compiled by Inside Mortgage Finance -
Feb. These leads are
invaluable in our launch in Asia.00
per month in many of the Asian economies.cuisines southeastern
Customers are serviced both directly and through Lucent
's Business Partner
Program.
Wells Fargo Home Mortgage is the nation's No.referred society
"By reflecting the culture of the communities we serve, Wells Fargo Home
Mortgage has created a setting
that is warm and inviting for our customers,"
said Jackson Cosey, senior vice president of Emerging
Markets for Wells Fargo
Home Mortgage.cuisines groups
com
-- Missouri City, Texas
-- Chicago, Ill. Investors are cautioned that all
forward-looking statements involve risks and uncertainties
.vietnamese originate
The office team of each branch offers a complete range of home financing
options for area
residents, including products for consumers of all income
ranges and those with non-traditional credit
histories.com)
announces plans to launch Xcelplus Asia Pacific, a joint operation in
Thailand
, sometime in the month of June.malaysian yahoo
J. -- Parkland, Wash. 18, 2005
Xcelplus
Asia Pacific will be a joint venture with the Thailand -
Singapore group that is currently our distributor
for most of
Southeast Asia.
Expounding our business relations with the Distributors in
Thailand
- Singapore will offer us as partners access to the strong
connections they have in the Military
, Industrial, Retail and to
distribution methods and contacts in Thailand. Mr.vietnamese sometimes
Quyen Ngo, general
director, Lucent Technologies Vietnam Co. Several Ethnic Minority Neighborhoods Benefit from Inclusive
Environment
DES MOINES, Iowa, Wells Fargo Home Mortgage opened
nearly 50 branches in
18 cities the past year with culturally-themed decor
that reflects the location and cultural makeup
of their communities.
Business Editors
SALUDA, Va. Francis Jeow of Singapore will be the
head of operations and
marketing in Thailand and work from a Rep office in Singapore allowing
him
flexibility of travel throughout the Asian countries.
This press release may contain certain forward
-looking statements
within the meaning of Section 27A of the Securities and Exchange Act
of 1933
, as amended, and Section 21E of the Securities and Exchange
Act of 1934, as amended, which are intended
to be covered by the safe
harbors created thereby.Ethnic groups which originate for Southeast Asia
.
Also sometimes referred to as Indochina.
cooking cuisines
Backed by Bell
Labs research and development, Lucent uses
its strengths in mobility,
optical, software, data and voice networking technologies, as well as
services, to create new revenue-generating opportunities for its customers,
while enabling them
to quickly deploy and better manage their networks.com/mnr/wellsfargo/23027/
Each branch features
a "gallery" with African-American, Asian or Latino
artwork and colorful signs in languages including:
English, Spanish,
Vietnamese, Japanese, Taglish, Cantonese or Korean. Xcelplus will obtain the already
established office and staff of our Thai partner, allowing us to
literally move right in. In light
of the significant
uncertainties inherent in the forward-looking statements included
herein, the
inclusion should not be regarded as a representation by
XcelPlus International Inc or any other person
that the objective and
plans of XcelPlus International Inc will be achieved.sometimes yahoo
Working overtime to stay the Web's best reference!
-> Show SiteSeek's List of Web Sites For This Topic (Not Yet Peer Reviewed)
Loading...
(Note: These pages use the Atlas Content Safeguard System (ACSS) and require that Javascript is enabled for viewing.)