The convergence of voice and data turns out to be merging of voice into data
networks. As voice is transmitted over IP networks, call control switching is still needed.
But, the shrinking markets are driving market consolidation. The trend towards
consolidation in the global telecommunications industry is expected to continue into
2003. Lucent is positioning to embrace new network architecture that the RBOCs use to
implement networks in a more efficient manner. This report covers the topic.