AT&T COMPLETES ITS $1.4 BILLION INVESTMENT IN NET2PHONE
AT&T completed its investment of $1.4 billion in Net2Phone, acquiring four million newly issued Class A shares from Net2Phone at $75 per share.  AT&T also purchased 14.9 million Class A Net2Phone shares from IDT Corporation for $75 per share, giving AT&T a 39% voting stake and a 32% economic stake in Net2Phone.  http://www.net2phone.com
Net2Phone, August 11, 2000

• For its last fiscal quarter ended April 30, Net2Phone's voice traffic grew to 121 million minutes, up 17% over the prior quarter.  The company counted 825,000 active customers who had paid for and used Net2Phone’s services during the past three months.  
  

• Last month, Rhythms NetConnections announced plans to launch residential and business VoIP DSL services in partnership with Net2Phone. 

ACD.NET, AN INDEPENDENT ISP, MOVES TOWARD HIGHER VALUE VOICE/DATA BUNDLES
ACD.net, a leading independent Internet access provider in Michigan, will deploy Tachion's collapsed central office platform in order to offer bundled voice and data services to business and residential users.  ACD.net, which recently changed its status into a CLEC, said pressures in the service provider space were forcing it to move from a data only ISP business model to one that incorporated voice offerings using voice over DSL, voice over ATM and traditional TDM voice services.  The ACD.net contract covers up to two-dozen FUSION 5000 Broadband Services Switches over the next two years.  http://www.tachion.com/
Tachion, August 13, 2000

• Tachion's FUSION 5000 integrates transport, switching and signaling into a single box.  The platform leverages a dual TDM/ATM switching matrix that allows services to be switched in native format. The integration of SONET ATM/STM Add Drop Mux (ADM) enables direct attachment to SONET rings.  It could also be used as an Internet offload solution, mediating between low-cost InterMachine Trunks (IMTs) and more costly Primary Rate Interface (PRIs) circuits used to transport dial-up Internet traffic to remote access servers. 

TELENOR TELECOM BUILDS FULL SERVICE NETWORK (FSN) WITH CISCO'S MPLS
Telenor Telecom will offer IP-enabled VPNs using Cisco System's 6400 Carrier-Class Broadband Aggregator and Cisco 12000 and its MPLS implementation.  Financial terms were not disclosed.  The Cisco 6400 will aggregate broadband, as well as dial, remote access traffic and serve as an MPLS edge label switch router.  The platform is capable of delivering DSL remote access into an MPLS VPN service.  http://www.cisco.com/warp/public/146/pressroom/2000/aug00/sp_081000.htm
Cisco Systems, August 11, 2000

INTERSIL ANNOUNCES CHIPSET FOR WIRELESS-TO-BROADBAND HOMELANS
Intersil announced a new family of Wireless Local Area Networks (WLANs) chips designed for the next wave of home Internet information appliances and VoIP phones.  At the heart of its new four-chip solution, will be an integrated, single-chip baseband processor (BBP) and medium access controller (MAC).  The chipset will support IEEE 802.11 wireless Ethernet (11 Mbps) and offer USB and PCI interface options.  http://www.intersil.com/pressroom/20000811_BBPMAC_English.asp
Intersil, August 11, 2000

EQUINIX COMPLETES INITIAL PUBLIC OFFERING, RISES 9.4%
Equinix (Nasdaq: EQIX) completed an initial public offering (IPO) on Friday of 20 million shares, priced at $12.  Trading closed on Friday at 13 ¹/_8, up 9.4%.  http://www.equinix.com
August 11, 2000

FCC RELEASES STATISTICS REPORT ON US COMMON CARRIERS
In newly released report on Statistics of Communications Common Carriers, a 260 page study, the Federal Communications Commission (FCC) finds 180 million telephone lines in service in the US and 1,300 companies providing local telephone service.  As of year-end 1999, the US also had more than 700 firms buying access from local carriers in order to provide long distance service.  The published data in this report is from fifty-two ILECs that together accounted for 90% of the nation's local telephone service (CLECs and wireless providers were not required to provide detailed statistics).  The report provides extensive statistics on revenues, types of lines in service, plant statistics (miles of fiber and copper deployed), numbers of central office switches, number of calls completed, settlement data, historical trends and more.  The report is available in a PDF file at no cost via the FCC web site.  http://www.fcc.gov/Bureaus/Common_Carrier/News_Releases/2000/nrcc0042.html
http://www.fcc.gov/Bureaus/Common_Carrier/Reports/FCC-State_Link/recent.html
August 11, 2000