1. FCC Rules in Favor of DSL Line Sharing by Incumbents
2. Lower DSL Costs Forecasted by CLECs Based on FCC Ruling
3. LuxN Unveils Optical Access for Gigabit Ethernet, ATM, Fibre Channel
4. Loral CyberStar to Co-Market Akamai Web Content Delivery
5. Newbridge Outlines Restructuring, Considers Strategic Options
6. Sycamore Issues First Quarterly Report: Earnings at $20M, Market Cap at $22B

FCC RULES IN FAVOR OF DSL LINE SHARING BY INCUMBENTS
The Federal Communications Commission (FCC) issued a ruling requiring Incumbent Local Exchange Carriers (ILECs) to provide "line sharing" to data Competitive Local Exchange Carriers (CLECs).  Currently data CLECs must provision a second line to deliver their DSL services, while many ILECs deliver DSL service over an existing, single line.  The ruling sets parameters for temporary and permanent pricing the ILECs can charge data CLECs for line sharing; a deadline of six to nine months for ILECs to make the facilities available to competitors; and enforcement measures that include fines.  http://www.fcc.gov
FCC, November 18, 1999

COVAD FORECASTS LOWER DSL COSTS BASED ON FCC RULING
Covad Communications said it is paying incumbent phone companies an average of $22 per month to lease a second line for providing its DSL service.  The company expects line sharing should lower the price by at least 50% based on today's ruling.  http://www.covad.com/press_111899a.cfm
Covad Communications, November 18, 1999

LUXN UNVEILS ITS OPTICAL ACCESS SYSTEM FOR GIGABIT ETHERNET, ATM, FIBRE CHANNEL
LuxN, a start-up based in Sunnyvale, California, announced a carrier-class platform for managed optical access services, including metropolitan Gigabit Ethernet or Fibre Channel, over point-to-point, cascaded multi-drop, access ring and redundant star network configurations.  The forthcoming LuxN WavSystem will include a customer premises interface device; a multi-tenant, multi-port optical access multiplexer; and a central office or point-of-presence optical concentrator.  LAN interfaces will include Gigabit Ethernet, ATM (OC-3/-12/-48c), Fibre Channel, N x T-1and 10/100 Base-T.  LuxN's central office optical concentrator will support single and multi-wavelength WDM links, end-to-end wavelength management features and up to 16 interface modules.  LuxN will also provide a Signal Integrity Monitoring capability that will function as an alternative to "digital wrappers" or SONET schemes for protection.  Pricing is expected to fall in the $10,000 range per enterprise terminating unit and from $25,000 per CO-based optical concentrator.  The system is currently in beta testing.  

LuxN was founded in 1998 and received venture funding from New Enterprise Associates, U S Venture Partners, Menlo Ventures, Mitsui, Mitsubishi and Siemens.  The company is also working closely with Extreme Networks.  http://www.luxn.com
LuxN, November 1999

LORAL CYBERSTAR TO CO-MARKET AKAMAI WEB CONTENT DELIVERY
Loral CyberStar will co-market Akamai Web Content Delivery along with its satellite-based WorldCast Internet access for ISPs.  http://www.cyberstar.com
Loral CyberStar, November 18, 1999

NEWBRIDGE OUTLINES RESTRUCTURING, CONSIDERS STRATEGIC OPTIONS
Newbridge Networks outlined restructuring plans following a disappointing quarterly financial report and said it was committed to considering "all strategic options" for the company.  Specific restructuring actions include outsourcing of volume manufacturing, outsourcing of global customer service, and reducing headcount by 10%.  Newbridge plans to concentrate on its areas of strength, in particular its ATM+IP switches and broadband wireless and DSL access product families.  Newbridge is expected to unveil its next generation multi-protocol platform this quarter, promising interfaces from OC-3 to OC-192 and aggregate switch capacity scaling from 50 Gbps to 5 Tbps.  http://www.newbridge.com
Newbridge Networks, November 18, 1999

SYCAMORE ISSUES FIRST QUARTERLY EARNINGS REPORT
Sycamore Networks reported quarterly revenue of $19.5 million, compared with $11.3 million for the preceding quarter. Net loss was $5.7 million or $(0.11) per share.  The company's shares commenced trading on Nasdaq on October 22.  http://www.sycamorenet.com
Sycamore Networks, November 18, 1999

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