f, EchoStar provides tuition reimbursement and a free dish and service. VAULT CAREER LIBRARY © 2005 Vault Inc. Lucent Technologies Inc. 600 Mountain Avenue THE STATS Murray Hill, NJ 07974 Phone: (908) 582-8500 Employer Type: Public Company Fax: (908) 508-2576 Stock Symbol: LU www.lucent.com Stock Exchange: NYSE Chairman and CEO: Patricia F. Russo 2004 Employees: 31,800 LOCATION 2004 Revenue ($mil.): $9,050.0 Murray Hill, NJ (HQ) KEY COMPETITORS DEPARTMENTS Alcatel Engineering Cisco Systems Management Ericsson Marketing Motorola Sales Nortel Networks Telecommunications EMPLOYMENT CONTACT www.lucent.com/work/_work.html Visit Vault at www.vault.com for insider company profiles, expert advice, VAULT CAREER career message boards, expert resume reviews, the Vault Job Board and more. LIBRARY Vault Guide to the Top Telecom Employers Lucent Technologies Inc. THE SCOOP The ring of innovation Lucent Technologies was spun off from AT&T in 1996, deriving its name from the idea of "light" and "clarity" associated with the word "lucent." Its symbol, a bright red brushstroke in the shape of a circle, called "The Innovation Ring," is supposed to signify technical symmetry; more recently, investors and associates likely hope the circle suggests a turn-around for the company in a sluggish telecom industry. The company designs and delivers networks for some of the world's largest communications service providers, offering optical, data, and voice networking technologies. Once a darling of Wall Street, Lucent has seen its profits and stock price plummet since 2000. In 2001, the company began a major restructuring, which allowed it to focus on two key customer segments: wireline and wireless networks. Acquisition binge Since its creation in 1996, Lucent has completed 39 acquisitions totaling more than $46 billion. One of those acquisitions was Excel Switching, which Lucent bought in 1999 for $1.48 billion. Excel makes programmable switches that allow telephone companies to easily update their networks without having to dismantle exist