SBC REPORTS 301,000 DSL SUBSCRIBERS, INSTALLATION RATE AT 3,000/DAY
As of March 31, SBC Communications had 301,000 total Digital Subscriber Lines sold, up from 169,000 at year-end 1999.  SBC’s DSL installation rate is at about 3,000 new customers per day, up from about 1,100 per day three months earlier.  SBC now claims No. 1 market share in five of its seven top markets in California and the Southwest, despite a head start by cable modem competitors.  Other highlights of SBC’s quarterly report include:

• 40.8% growth in data revenues, to $1.6 billion.

• 30.1% growth in domestic wireless subscriber revenues to $1.5 billion

• 338,000 net gain in wireless customers before additions by acquisition

• 19.2% growth in equity income from international investments

http://www.sbc.com/News_Center/Article.html?query_type=article&query=20000425-01
SBC Communications, April 25, 2000

BELL ATLANTIC REACHES 62,000 DSL LINES
Bell Atlantic reported 62,000 DSL lines in services as of March 31, 2000, up from 30,000 at the end of December.  The company has a target goal of 500,000 DSL customers by year’s end, but acknowledged slower than expected DSL growth in Q1. Bell Atlantic now plans to launch special promotions and product enhancements to accelerate DSL subscriber growth.  The company also noted: 

• spproximately 428,000 residential long distance customers in the first three months of operation in New York

• data revenue growth of 31.8%, to $892 million
  
  
  
  

• net customer additions of 290,000 at Bell Atlantic Mobile, with 28.9% revenue growth
  
  
  
  

• an expanding wholesale business, with 1.9 million wholesale lines and approximately 328,000 unbundled loops in service at the end of the quarter.
  
  
  
  

• Continued strong International Wireless growth, with 365,000 proportionate net customer additions.

http://www.ba.com/proactive/newsroom/release.vtml?id=29143
Bell Atlantic, April 25, 2000

U S WEST SIGNS LINES SHARING AGREEMENT WITH 13 CLECS
U S WEST agreed to share copper loops for simultaneous voice and data traffic on a region-wide basis with a consortium of 13 CLECs. Line-sharing involves separating the frequencies of transmissions over the copper loop, essentially enabling competitors to offer DSL over one portion while U S WEST continues to offer traditional POTs over the same line.  The agreement outlines the terms and conditions for competitors' use of the high-frequency portion of the local phone line, allowing voice and data to be transmitted simultaneously over the same line.  The implementation schedules covers 350 COs by July.  http://www.uswest.com/news/042500a.html
U S WEST, April 25, 2000

GLOBESPAN PUSHES G.LITE DSL TO 4 MBPS
GlobeSpan announced a software upgrade to its Titanium Fourte chipset that more than doubles today's G.lite 1.5 Mbps speeds to 4 Mbps.  The Titanium Fourte chipset is programmable and field upgradeable.  In addition to supporting G.lite, the chipset also supports all ADSL standards including G.DMT (ITU G.992.1), G.992.1 and G.992.2 Annex C, ANSI T1.413 Issue 2, and ANSI TR-59 RADSL.  http://www.globespan.net/
GlobeSpan, April 25, 2000

BROADCOM ANNOUNCES 8-PORT GIGABIT ETHERNET SWITCH-ON-A-CHIP
Broadcom announced the first 8-port Gigabit Ethernet switch-on-a-chip, a product the company claims will bring Gigabit connectivity to the office desktops.  The new level of switching integration is expected to allow OEMs to build an 8-port switch for an end-user price of less than $200 per port.  The 10/100/1000BASE-T switch device offers on-chip packet buffering and multi-layer switching functions and four Classes of Service (CoS) traffic classification.
http://www.broadcom.com
Broadcom, April 25, 2000

WILLIAMS SIGNS $215 MILLION FIBER DEAL WITH COGENT COMMUNICATIONS
Williams Communications signed a $215 million deal to provide nationwide dark fiber and network services to Cogent Communications, a start-up based in Washington, D.C. that plans to offer 100 Mbps Internet access services at a fixed monthly fee of $1,000.  http://www.williamscommunications.com
Williams Communications, April 25, 2000

• In February, Cogent Communications signed a $100 million dark fiber agreement with Metromedia Fiber Network for its local facilities.

CHIARO NETWORKS RAISES $18 MILLION FOR OPTICAL DATA SWITCHING DEVELOPMENTS
Chiaro Networks, a start-up with offices in Richardson, Texas and Israel, completed its second round of financing for $18 million.  The company is developing data switching solutions for carrier optical backbones.  Investors include Rho Management, CenterPoint Venture Partners, Crown Advisors, Interwest Partners, Sevin Rosen, Star Ventures and Intel.   http://www.chiaro.com
Chiaro, April 25, 2000

VIPSWITCH SECURES $15 MILLION FOR ITS TERABIT OPTICAL SWITCH DEVELOPMENT
VIPswitch, a start-up based in Montreal, Canada, raised $15 million in second round financing.  The company is developing terabit class switches for Metropolitan Area Networks (MANs).  The architecture will use independent parallel processing agents, built into programmable silicon, to yield a non-blocking architecture with multi-gigabit, guaranteed throughput. Investors include investors Private Equity Finance Ltd., (other investments include Corvis and Hyperchip) and Innovatech Grand Montreal (prior investments include Positron Fiber Systems, TecSys and Cognicase).  http://www.VIPswitch.com
VIPswitch, April 25, 2000

LIGHT MANAGEMENT GROUP DEVELOPS COMPRESSION TO INCREASE DWDM DENSITY
Light Management Group claims to have developed an Information Compressor for Fiber-Optic Lines that can significantly increase the density of DWDM to as many as 1,000 channels.  The technology uses a wide-band light source, a two-dimensional, multi-channel, high-resolution wavelength dividing unit and a two-dimensional, multi-channel matrix of modulators.  The company has filed for a US patent.   http://www.lightmanagementgroup.com
Light Management Group, April 25, 2000

ATHEROS COMMUNICATIONS TARGETS 100 MBPS+ WIRELESS HOME LANS
Atheros Communications (formerly T-Span Systems), a fabless semiconductor start-up, announced plans to offer wireless LAN technology scaling from low speeds to those exceeding 100 Mbps in the 5-GHz spectrum.  Atheros initially is focused on chipsets based on the IEEE 802.11a and HiperLAN II standards, but is also proposing standards enhancements that would enable higher bandwidth, support multimedia, and allow interoperable scalability between low-speed and high-speed devices.  Atheros’ proposal for a 5-GHz Unified Protocol (5-UPTM) supports speeds up to 108 Mbps. The company envisions home networks powered by a 5-GHz radio, located where the broadband connection comes into the home, communicating with TVs, PCs and cordless phones.  Atheros is based in Palo Alto, California.  http://www.atheros.com
Atheros, April 25, 2000

• Atheros was founded by Teresa H. Meng, a professor at Stanford University. Richard A. Redelfs, formerly general manager of 3Com’s Wireless and Home Connectivity Division, joined Atheros as president and CEO in October 1999.

OPPENHEIMER LAUNCHES NEW FUND FOR OPTICAL NETWORKING
OppenheimerFunds opened a new Emerging Technologies Fund focused on optical networking, communications software, applications and access technology.  Once the Fund's assets reach $1 billion, it will be closed to new investors. http://www.oppenheimerfunds.com
OppenheimerFunds, April 25, 2000

PSINET VENTURES' $1 BILLION FUND COMPLETES 50^TH INVESTMENT
PSINet Ventures' $1 billion fund has now completed more than 50 investments in Internet start-up companies.  The latest investment is Streampipe.com, which will provide Internet Broadcasting Centers in PSINet data centers worldwide.  Some of the other PSINet investments include Akamai Technologies, Metrocall (wireless paging), Ennovate Networks (VPNs and IP transport provisioning), Cidera (content delivery) and BreezeCOM (wireless LANs).  PSINet uses a services-for-equity approach rather than solely direct cash infusions.
http://www.psinet.com/news/pr/00/apr25.html
PSINet, April 25, 2000

EMC TO RESELL FIBRE CHANNEL SWITCHES FROM ANCOR
EMC Corporation will resell Ancor Communications' 16-port Fibre Channel switches alongside its enterprise network storage systems.  http://www.ancor.com
Ancor, April 25, 2000

NORTEL REPORTS Q1 REVENUE OF US$6.32 BILLION, UP 48%
Nortel Networks reported revenue of US$6.32 billion for the first quarter of 2000, up 48% from US$4.29 billion in the same period in 1999.  Net earnings were US$347 million, or US$0.23 per share, prior to acquisition related costs.  Revenue for optical technology increased 150% over last year; Mobility revenues grew 45%; and high speed access sales grew 50%.
http://www.nortelnetworks.com/
Nortel Networks, April 25, 2000

• Consensus estimates were $0.19 p/s

JDS UNIPHASE REPORTS SALES OF $394.6 MILLION, UP 155%
JDS Uniphase reported quarterly sales of $394.6 million, and pro forma net income of $85.8 million or $0.11 per diluted share. Sales for the quarter were 40% higher than net sales for the preceding quarter and 155% above pro forma combined sales for the same period last year.
http://www.jdsunph.com
JDS Uniphase, April 25, 2000

• Consensus estimates were $0.08 p/s