1.   At Lucent, the traditional business is selling equipment to telephone carriers for voice transmission.

2.   Bell Atlantic Corp. became Wednesday the first Baby Bell local telephone carrier to gain federal approval to offer long-distance service.

3.   Borrowing more money, he formed a Cypress Telecommunications, a long-distance telephone carrier.

4.   A large portion of that growth is spurred by the need for established telephone carriers to upgrade networks that are decades old.

5.   But European telephone carriers went on a binge of their own.

6.   EqualNet blamed the weak earnings on delays by its underlying long distance telephone carrier in activating new customers.

7.   Hoping to change the tide, telephone carriers and software and hardware companies are searching for ways to boost interest.

8.   In addition, although some of the changes would not be acceptable under U.S. accounting standards, similar practices are used by telephone carriers elsewhere.

9.   ISDN, offered by local telephone carriers, allows computers to directly transmit digitized data, voice, facsimiles, photos and video on existing telephone lines.

10.   KPN, the Dutch telephone carrier, was so loaded with debt that it needed support from the Dutch government to float a new rights offering last year.