1. France Telecom Acquires Global One
2. BCE to Distribute its 37% interest in Nortel Networks
3. AT&T/BT Concert global venture to use Clarent for IP Clearinghouse
4. IpVerse and Tekelec Promote Open IP Convergence with TALI
5. Mitsubishi Electric Establishes US Venture for Providing Optical Access
6. AllOptic Inc. Targets Passive Optical Network (PON) Access
7. PF.Net and Touch America Exchange Fiber Routes across the US
8. Fujitsu and Jetstream Collaborate on VoDSL
9. Copper Mountain to Acquire OnPrem Networks for Small DSL Concentrator
10. Worldwide Fiber Inc. to File for IPO
11. Sycamore Announces 3-for-1 Stock Split
FRANCE TELECOM ACQUIRES GLOBAL ONE
France Telecom will acquire the stakes of Sprint and Deutsche Telekom in the Global One joint venture for a total equity value of $3.882 billion.  Global One operates a worldwide ATM-based network reaching more than 800 cities in over 40 countries. It had 1999 revenues of $1.1 billion.  http://www.francetelecom.com/vanglais/i/i1.html
France Telecom, January 26, 2000

BCE TO DISTRIBUTE ITS 37% INTEREST IN NORTEL NETWORKS
BCE, Canada's global telecommunications company, will distribute its approximate 37% ownership interest in Nortel Networks to its shareholders. All current BCE common shareholders will then own two securities and have a direct interest in both BCE and Nortel Networks.  Going forward, BCE will focus on its other communications services businesses, consisting of Bell Canada (including Bell Mobility), BCE Emergis, CGI, BCE Media (including Bell ExpressVu and Telesat Canada) and Bell Canada International.  http://www.bce.ca/
BCE, January 26, 2000

AT&T/BT CONCERT GLOBAL VENTURE TO USE CLARENT FOR IP CLEARINGHOUSE
Clarent Corporation will supply its IP telephony gateways to the new AT&T/BT Concert venture.  Concert plans to use the Clarent products to enhance and extend the capabilities and geographic reach of the AT&T Global Clearinghouse, which enables ISPs to terminate voice traffic to countries around the world.  Concert will soon introduce the Global Clearinghouse as premier service. The order was valued at $1.1 million. http://www.clarent.com/news/pressreleases/pr_2000-01-25.html
Clarent, January 26, 2000

The AT&T Global Clearinghouse
http://www.ap.att.com/products/gch/gch_gateway.html

Earlier this month, NTT Worldwide Telecommunications Corporation selected Clarent to supply its IP telephony products as the basis for a new global IP telephony clearinghouse and also for an IP telephony product line targeted to enterprise customers.  

ipVERSE AND TEKELEC PROMOTE OPEN IP CONVERGENCE WITH TALI
ipVerse, a start-up developing a carrier-grade software switch, announced support for Tekelec's Transport Adapter Layer Interface (TALI), which is a middleware protocol that allows operators to support call set-up and tear-down, access full-featured service platforms, and perform diagnostics and monitoring in SS7 or IP networks.  ipVerse's new  ControlSwitch uses a distributed architecture to scale beyond one million busy hour call attempts (BHCA), offers web-based tools and an XML-based language for augmented services, and support of protocols including SS7, Q.931, H.323, MGCP, and SIP.  The platform provides interoperability between existing H.323 systems and new MGCP-based systems.  ipVerse is based in Sunnyvale, California and has received $20M venture capital financing from Norwest Venture Partners and Battery Ventures.  http://www.ipverse.com
ipVerse, January 26, 2000

Last month, Tekelec opened its Transport Adapter Layer Interface (TALI) SS7/IP source code to the telecommunications and Internet industries as part of Tekelec's ongoing effort to promote an open network convergence solution featuring open interfaces.  TALI defines an interface between a Signaling Gateway (SG) and any IP-enabled Signaling End Points (IP-SEP) such as Service Control Points (SCP) or Media Gateway Controllers (MGCs). TALI was also submitted to the IETF with the support of Level 3 and U S WEST Wireless, two service providers currently deploying the interface.  The source code is available on the Tekelec website.   http://www.tekelec.com/products/eagleip7/talimain.asp

MITSUBISHI ELECTRIC ESTABLISHES US VENTURE FOR PROVIDING OPTICAL ACCESS
Mitsubishi Electric has established a North American-based company called PACEON Corp. to pursue the market for advanced optical access technology.  More specifically, PACEON will develop equipment for Full Service Access Network systems based on ATM and Passive Optical Network (PON) technology.  The company is headquartered in Duluth, Georgia.  http://www.mitsubishielectric.com/
Mitsubishi Electric, January 26, 2000

ALLOPTIC INC. TARGETS PASSIVE OPTICAL NETWORK (PON) ACCESS
AllOptic Inc., a start-up developing access solutions based on Passive Optical Network (PON) technology, raised $3.7 million in venture funding from the Ohio Valley Venture Fund and GMS Capital Partners. AllOptic is based in Pleasanton, California and led by Gerry Pesavento, the former Director of Sales & Marketing for DiCon Fiberoptics.  http://www.alloptic.com
AllOptic Inc., January 26, 2000

FUJITSU AND JETSTREAM COLLABORATE ON VODSL
Fujitsu Network Communications will co-market Jetstream's CPX-1000 broadband voice services platform and integrated access devices (IADs) alongside its Fujitsu SPEEDPORT DSLAM.  The combined product set would be able to deliver up to 24 toll quality voice ports over ADSL.  Fujitsu's SPEEDPORT platform was developed with Orckit.  http://www.fnc.fujitsu.com
Fujitsu Network Communications, January 26, 2000

COPPER MOUNTAIN TO ACQUIRE ONPREM NETWORKS FOR SMALL DSL CONCENTRATOR
Copper Mountain will acquire OnPrem Networks Corp., a start-up developing a DSL concentrator for the small and medium building Multi-Tenant Unit (MTU) market, for 1.3 million CMTN shares (valued at about $69 million).  OnPrem is working on an 8 to 24 port DSL concentrator that could be used to provision services to small apartment buildings.  The company is based in Fremont, California. http://www.coppermountain.com/news/01262000pr.html
 http://www.onprem.com/
Copper Mountain, January 26, 2000

PF.NET AND TOUCH AMERICA EXCHANGE FIBER ROUTES ACROSS THE US
PF.Net and Touch America announced a fiber swap that significantly extends each company's network across the US.  PF.Net will receive network route miles connecting Denver to Dallas, Chicago, Minneapolis, Milwaukee, Detroit, Salt Lake City, Reno, Sacramento, Omaha, Des Moines and Colorado Springs. Touch America will expand its network from Los Angeles to San Diego, Phoenix, El Paso, Dallas, Austin, San Antonio, Houston, New Orleans, Jacksonville, Orlando, Greensboro, Washington D.C., New York City, Tulsa, Kansas City, and St. Louis. http://www.pf.net/12500.shtml
PF.Net, January 26, 2000

PF.Net, which is backed by Koch Telecom Ventures, is building a new, coast-to-coast network linking major metropolitan areas across the US using Lucent's TrueWave RS (Reduced Slope) Fiber.  The company also holds a contact with AT&T to construct over 5,000 miles of its nationwide next-generation fiber-optic network on rights-of-way provided in part by AT&T.

WORLDWIDE FIBER INC. TO FILE FOR IPO
Worldwide Fiber Inc. plans to file registration papers for an initial public offering in the first half of this year.  http://www.wwfiber.com/
WFI, January 26, 2000

Earlier this week, WFI announced a major fiber swap with Telia AB, giving it access to extensive facilities across Europe.  The company's planned network will extend 60,500 km (37,800-mile) across North America and Europe, including a trans-Atlantic network.

SYCAMORE ANNOUNCES 3-FOR-1 STOCK SPLIT
Sycamore Networks announced a 3-for-1 stock split fir stockholders of record at the close of business on February 4, 2000.
http://www.sycamorenet.com/about/news/frame_latest.cfm?news_item_id=179
Sycamore Networks, January 26, 2000

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