v7n035, 18-Feb-00

CITIBANK TO ADD ONEBOX.COM COMMUNICATION SERVICES TO ITS FINANCIAL WEBSITE
Citi f/i, the online financial service from Citibank, will provide integrated messaging services from Onebox.com via its website. The co-branded service will provide Citi f/i clients with integrated voicemail, email, fax, 25MB of storage, a customizable voicemail greeting and a free local Onebox.com phone number with no extension. Citi f/i clients will have the ability to forward calls from any phone number directly to their Onebox.com number. Financial terms were not disclosed. http://www.citifi.com/ http://www.onebox.com
Onebox, February 17, 2000

Earlier this week, Phone.Com, which offers an Internet-based browsing platform for mobile phones and other devices, announced plans to acquire Onebox.com for approximately $850 million in stock. This month, Onebox.com also announced plans to integrate a Web-to-phone application from ITXC into its unified messaging portal.

GLOBAL CROSSING AND LEVEL 3 AGREE ON JOINT 1.28 TBPS ATLANTIC CABLE
Global Crossing and Level 3 Communications agreed to share the costs of a four fiber pair, 1.28 terabit cable currently under construction across the Atlantic. Under the co-build agreement, Global Crossing and Level 3 will each separately own and operate two of the four fiber pairs on the Atlantic Crossing 2 (AC-2). Deployment plans have been accelerated for a scheduled in-service date of September 2000. The companies cited exploding demand for capacity in the North Atlantic corridor. http://www.globalcrossing.com
Global Crossing, February 17, 2000

EMPOWERTEL NETWORKS RAISES $54 M FOR VOIP UNIFIED SERVICES EXCHANGE
EmpowerTel Networks, a start-up developing a Voice-over-IP switching system, secured $54 million in funding from Goldman Sachs, Morgan Stanley Dean Witter Venture Partners, Sony, Chase Capital Partners/Access Technology, Alex Brown, Anschutz Investment Company; and Sandler Capital. The company�s Unified Services Exchange (USX1000) is being designed to integrate with existing Intelligent Network (IN) services while enabling a transparent migration of voice traffic to IP. Call processing is scaled and distributed over multi-node gateways supporting MGCP/MEGACO protocols. EmpowerTel, which was formerly a division of Lara Technology, is based in San Jose, California, with operations in Ottawa, Canada. http://www.empowertel.com/
EmpowerTel Networks, February 17, 2000

AMERICA ONLINE EXTENDS ITS DIAL-UP CONTRACT WITH GTE INTERNETWORKING
America Online extended a multi-year agreement for GTE Internetworking (BBN) to continue to build out and manage a significant portion of the dial-up AOLnet infrastructure. GTE Internetworking has been a provider of AOLnet since 1995. GTE Internetworking was also selected to build out, manage and operate a significant portion of AOL Japan's existing dial-up network. http://www.bbn.com/
GTE Internetworking, February 17, 2000

FRANCE TELECOM DEPLOYS NORTEL NETWORKS' PASSPORT 15000
France Telecom will be the first carrier to deploy Nortel Networks' Passport 15000 in an operational environment. France Telecom will use the Passport 15000 to migrate Transpac, its Frame Relay and ATM-based national data network, to support the high-bandwidth IP at up to 2.5Gbps. Matra Nortel Communications is a Paris-based joint venture of Aerospatiale Matra and Nortel Networks. http://www.nortelnetworks.com/
Nortel Networks, February 17, 2000

QWEST PROVIDES HOSTED ORACLE APPLICATIONS TO JDS UNIPHASE
Qwest announced its first contract as an Application Service Provider (ASP): a multi-year deal for a global implementation of Oracle applications hosted for JDS Uniphase. Qwest Cyber.Solutions will host and manage the Oracle Applications, Oracle Database, network and hardware in Qwest's state-of-the art-CyberCenter. http://www.qwest.com/press/story.asp?id=192
Qwest, February 17, 2000

SITARA NETWORKS PROVIDE QOS TOOLS TO PRIMUS TELECOMMUNICATIONS
PRIMUS Telecommunications will deploy caching with QoS traffic management tools from Sitara Networks on its IP+ATM network to offer differentiated services to its eBusiness and ASP customers. Sitara Networks, a start-up based in Waltham, Mass., offers a QoSWorks "appliance" that integrates caching with traffic management functions to provide faster response times for HTTP traffic. The traffic management capability combines class-based queuing, TCP rate shaping, packet-size optimization, and an algorithm for fair allocation of bandwidth by connection. The device typically could be deployed behind the router at remote offices, either by enterprises or their service providers. PRIMUS also made a $3 million equity investment in Sitara Networks. http://www.sitaranetworks.com
Sitara Networks, February 17, 2000

Last September, Sitara received $22 million in venture funding from America Online, Arbor Investors, Essex Investment Management, Kinetic Ventures, Van Wagoner Capital Management, Alex Brown Employee Venture Fund, and Valhalla Capital.

ELASTIC NETWORKS SECURES $21 MILLION IN NEW FUNDING FOR ITS DSL ETHERLOOP
Elastic Networks, a start-up developing a DSL-based "EtherLoop" technology, secured $21 million in new financing from MF Private Capital, Williams, Jones & AssociatesComVentures, Wolfson Equities, Pequot Capital Management and Texas Instruments. The company said its "burst-mode" EtherLoop technology provides up to 4 Mbps access in both directions over regular copper phone lines up to 21,000 feet. The transmission works in an Ethernet half-duplex model and employs a frame error checking and retransmission technique using the Ethernet checksum to manage bit errors on a noisy copper line. The company is based in Alpharetta, Georgia and received initial funding from Nortel Networks. http://www.elastic.com
Elastic Networks, February 17, 2000