Today's Headlines
1. Chorum Outlines its DWDM Switching/Routing Component Plans
2. France Telecom Selects Newbridge for National ATM Network
3. Movicom Selects Newbridge for Multiservice Network in Argentina
4. Newbridge and Toshiba Sign 5 Year LMDS Distribution Agreement
5. Intel to Acquire Telecom Component Division of Stanford Telecom
6. Formus Polska Awards LMDS Contract to Alcatel
7. Lucent and QUALCOMM Form cdma2000 Alliance
8. EarthLink+MindSpring Merger to Create 2nd Largest US ISP

CHORUM OUTLINES DWDM SWITCHING/ROUTING COMPONENT PLANS
Chorum Technologies, a start-up based in Richardson, Texas, outlined plans for its line of optical components, including "Optical Slicers," DWDM routers, optical switches, optical signal processors, and integrated optical systems. Chorum's Optical Slicers are "ultra dense" optical interleave filters for use in either long-haul or metro networks. Its DWDM router components, which will use the Optical Slicers, are being designed for passive optical multiplexing and demultiplexing systems that support hundreds of channels at data rates of 10 Gbps and higher. Chorum's line of Optical Switches will use liquid crystal technology for higher reliability and performance. Chorum said it is also developing a line of optical processors to provide the signal conditioning needed for longer transmission distances. The company received venture funding from Sevin-Rosen, CenterPoint Ventures, STARTech and InterWest Partners. Scott Grout, Chorum's CEO, previously served as vice president of Lucent's optical networking group. http://www.chorumtech.com/
Chorum Technologies, September 23, 1999

FRANCE TELECOM SELECTS NEWBRIDGE FOR NATIONAL ATM NETWORK
France Telecom selected Newbridge Network's MainStreetXpress platform for its national, broadband multiservice ATM network. The contract covers deployment of hundreds of 36170 switches in the initial three years. France Telecom will also use Newbridge's MainStreetXpress 46020 Network Manager to support its voice, data, IP and multimedia services, including VPNs, Frame Relay, PVC and SVC-based native cell relay services. Financial terms were not disclosed. http://www.newbridge.com/news/
Newbridge Networks, September 23, 1999

MOVICOM SELECTS NEWBRIDGE FOR MULTISERVICE NETWORK IN ARGENTINA
Movicom, a BellSouth affiliated company serving 1 million mobile phone subscribers in Buenos Aires, selected Newbridge Networks' MainStreetXpress 36170 Multiservices Switch and 46020 Network Manager for a national network across Argentina. Movicom was recently granted a license by the Argentine government to offer local and long distance telecommunications services. These will include broadcast quality video, Frame Relay and ATM, high-speed Internet access, and IP-VPNs. Financial terms were not disclosed. http://www.newbridge.com/news/
Newbridge Networks, September 23, 1999

NEWBRIDGE AND TOSHIBA SIGN 5 YEAR LMDS DISTRIBUTION AGREEMENT
Toshiba signed a five-year agreement covering distribution of Newbridge Networks' LMDS equipment in Japan. The estimated value of the agreement is $350 million over five years Newbridge's platform is based on high-speed time division multiple access (TDMA) technology. Its solution includes a base station, consisting of the 36170 Multiservices switch and point-to-multipoint transmitters and receivers, and customer premise transceivers and network interface units (NIUs). http://www.newbridge.com/news/
Newbridge Networks, September 23, 1999

In June, Newbridge Network announced plans to acquire Stanford Telecommunications, the developer of the LMDS platform. This week, Newbridge and Stanford Telecom announced that they have satisfied a major conditional requirement of their pending merger by agreeing 
to sell Stanford Telecom's defense communications business to ITT Industries, a leading manufacturer of military defense systems.

INTEL TO ACQUIRE TELECOM COMPONENT DIVISION OF STANFORD TELECOM
Intel will acquire the Telecom Component Products (TCP) division of Stanford Telecommunications for an undisclosed amount of cash. The Sunnyvale, California based group develops silicon components for cable modems and head-end equipment. The division will be integrated into Intel's Network Communications Group. Newbridge will retain Stanford's Wireless Broadband Products (WBP) and Satellite Personal Communications (SPC) groups, under a corporate acquisition announced in June.
http://www.intel.com/pressroom/archive/releases/Cn092399.htm
http://www.stelhq.com/

Intel, September 23, 1999

FORMUS POLSKA AWARDS LMDS CONTRACT TO ALCATEL
Alcatel is supplying its 28 GHz LMDS platform to Formus Polska, an affiliate of Formus Communications, for a broadband wireless access network in Poland. The first network, serving the Warsaw area, began operations in May. The contract is valued at EUR 120 million (US$125m) over 4 years. Alcatel is helping to provide financing for the deployment.
http://www.alcatel.com/press/current/1999/09_23.htm
Alcatel, September 23, 1999

LUCENT AND QUALCOMM FORM CDMA2000 ALLIANCE
Lucent Technologies and QUALCOMM formed an alliance to develop third generation (3G) wireless systems, specifically cdma2000 1XRTT -- which is the first phase of the industry-approved IS-2000 3G standard. , QUALCOMM CDMA Technologies will provide the core chip and software for new channel cards for Lucent's CDMA base station equipment. Trial terminals will be based on QUALCOMM CDMA Technologies' latest Mobile Station Modem handset circuitry. The companies said QUALCOMM's new CSM5000 chip exceeds the ITU's 144 kbps mobile data rate requirement for 3G systems by supporting 307.2 kbps on both the forward and reverse links. The device integrates up to 32 simultaneous users, a four-fold increase over the previous generation CSM. Field trials are anticipated in the  first half of next year. http://www.lucent.com/press/0999/990923.nsa.html
http://www.qualcomm.com/
Lucent Technologies, September 23, 1999

EARTHLINK+MINDSPRING MERGER TO CREATE 2ND LARGEST US ISP
EarthLink and MindSpring announced a merger agreement that would create the second largest provider of Internet access in the US after America Online, with an estimated combined base of over three million members. The new merged company would keep the EarthLink name. As of June 30, EarthLink had 1,335,000 members and a monthly  average churn rate of 3.5%. EarthLink also has a broad business relationship with Sprint. The 1998 deal provided EarthLink with significant network infrastructure, nearly $24m in cash, a $100m 
credit line, approximately 130,000 new members initially and commitments from Sprint to deliver a minimum of 750,000 new members to EarthLink over the next 5 years. Sprint acquired a 28% minority interest in EarthLink.

As of June 30, MindSpring had approximately 1,228,000 customers. MindSpring has previously announced DSL resale agreements with BellSouth and Covad. In February, MindSpring acquired Netcom's 400,000 individual Internet access accounts. http://www.earthlink.net
EarthLink, September 23, 1999

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