SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the Month of FEBRUARY 4, 2003
Commission file number: 0-30924
MARCONI PLC
(Exact name of Registrant as specified in its Charter)
4th Floor
Regents Place
338 Euston Road
London
NW1 3BT
(Address of principal executive offices)
(Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.)
Form 20-F X Form 40-F
(Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange
Act of 1934.)
Yes No X
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
In order to utilize the "Safe Harbor" provisions of the United States Private
Securities Litigation Reform Act of 1995 (the "Reform Act"), Marconi plc ( the
"Company") is providing the following cautionary statement. Except for
historical information contained herein, statements contained in this Report on
Form 6-K may constitute "forward-looking statements" within the meaning of the
Reform Act. The words "believe", "anticipate", "expect", "intend", "estimate",
"plan", "assume", "positioned", "will", "may", "risk" and other similar
expressions which are predictions of or indicate future events and future trends
which do not relate to historical matters identify forward-looking statements.
Reliance should not be placed on such statements because they involve known and
unknown risks, uncertainties and other factors which are in some cases beyond
the control of the Company, together with its subsidiaries (the "Group"), and
may cause the actual results, performance or achievements of the Group to differ
materially from anticipated future results, performance or achievements
expressed or implied by such forward-looking statements (and from past results,
performance or achievement). Certain factors that may cause such differences
include but are not limited to the following: (1) any major disruption in
production at our key facilities; (2) changes in the environmental, tax and
other laws and regulations, which, among other things, could cause us to incur
substantial additional capital expenditures and operation and maintenance costs;
and (3) adverse changes in the markets for our products, including as a result
of increased competition in the highly competitive international markets for
such products. These and other risks, uncertainties and factors are discussed in
the Company's Registration Statement on Form F-1 and other filings with the
Securities and Exchange Commission, including this Form 6-K. Shareholders and
prospective investors are cautioned not to place undue reliance on these
forward-looking statements which speak only as to the Company's judgment as of
the date hereof. Any such forward-looking statements are not intended to give
any assurance as to future results. The Company undertakes no obligation to
publicly update or revise any of these forward-looking statements, whether to
reflect new information or future events or circumstances or otherwise.
TELECOM ITALIA AWARDS MARCONI EURO 80 M NEXT
GENERATION ACCESS NETWORK CONTRACT
New network infrastructure will develop new services and reduce operating costs;
new GBP50 million contract for the supply of the access network awarded to
Marconi
London, February 4, 2003 - Marconi (MONI) today announced that it has been
awarded a two year frame contract worth an estimated 80 million Euro (GBP52
million) to help Telecom Italia develop a new broadband network that will allow
the introduction of advanced multimedia services. The initiative, which is in
line with the wider investment plan that Telecom Italia has inn place for
developing broadband, will allow the operator to upgrade its existing telephone
exchanges to next generation technologies through a replacement of its existing
access layer.
Marconi will supply its Access Hub platform and work alongside Italtel, which
will supply switching technology and professional services, to build the new
network infrastructure.
Marconi's Access Hub technology will enable the distribution of a variety of
services to end users such as xDSL, traditional telephony and ISDN, interacting
both with traditional telephone exchanges and with next generation, internet
protocol (IP)-based systems.
The Marconi Access Hub is a multiservice access platform already in use in
Telecom Italia's network.
"Thanks to this initiative, Telecom Italia is proceeding with its strategy of
being a worldwide leader both in technological innovation and in the provision
of high quality services on which we continue to invest significantly," said
Stefano Pileri, Networks Director of Telecom Italia Domestic Wireline. "Thanks
to this project, Marconi is confirmed as an important Telecom Italia partner,
further widening its role as a strategic supplier of our network".
Giorgio Bertolina, Executive Chairman of Marconi Communications S.p.A. said:
"Telecom Italia is making significant investments in its access and switching
network with the aim of providing its customers with multimedia and IP services
in addition to traditional voice telephony services. This can happen today
thanks to our broadband access platform."
"Once completed, the new network will allow the operator to "naturally"
transition its customers towards a "triple play" ADSL service offering voice,
data and video services alongside broadband Internet."
ENDS/...
About Marconi plc
Marconi plc is a global telecommunications equipment and solutions company
headquartered in London. The company's core business is the provision of
innovative and reliable optical networks, broadband routing and switching and
broadband access technologies and services. The company's aim is to help fixed
and mobile telecommunications operators worldwide reduce costs and increase
revenues.
The company's customer base includes many of the world's largest
telecommunications operators. The company is listed on the London Stock Exchange
under the symbol MONI. Additional information about Marconi can be found at
www.marconi.com.
This press release contains forward-looking statements with respect to products,
partners, customers, future growth and other matters. Please refer to the Form
20-F report and Form 6-K reports filed by Marconi plc with the United States
Securities and Exchange Commission for a discussion of risks that could cause
actual results to differ materially from such statements.
Copyright (c) 2003 Marconi plc. All rights reserved. All brands or product names
are trademarks of their respective holders.
Marconi Contacts
Joe Kelly/David Beck
Public Relations
Marconi plc
+44 (0) 207 306 1771
joe.kelly@marconi.com
Heather Green
Investor Relations
Marconi plc
+44 (0) 207 306 1735
heather.green@marconi.com
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
MARCONI PLC
By: ____M Skelly____
Name: M Skelly
Title: Secretary
Date: February 4, 2003