HUGHES COMPLETES TELOCITY ACQUISITION, COMBINING DSL, DIRECPC AND DIRECTV ASSETS
Hughes completed its $179 million cash acquisition of Telocity, which operates a DSL network active in 150 US metropolitan areas.  Hughes plans to integrate the broadband delivery capabilities of the Telocity service with DIRECTV, the leading provider of digital multichannel entertainment in the US with more than 9.5 million customers.  Hughes Network Systems also operates DirecPC, a satellite-based Internet and broadband service.  Hughes already offers a combined DIRECTV/DirecPC service.  http://www.hughes.com/home/default.xml
Hughes, April 3, 2001

• At the end of Q4, Telocity had 47,911 subscribers, up from 23,494 at the end of Q3. 
• A record 1 million new customers bought DIRECTV systems in the US during Q4.
• Hughes recently added a satellite uplink capability to its DirecPC satellite Internet access service.  The new DirecPC Satellite Return system provides uplink speed of up to 128 kbps and a downlink speed of up to 400 kbps.  The system requires a new DirecDuo antenna, which provides broadband Internet access as well as access to more than 225 channels of DIRECTV programming.  http://www.direcpc.com

360NETWORKS SELLS US $475 MILLION IN CAPACITY ON ITS UNDERSEA CABLES
During Q1, 360networks completed sales totaling more than US $475 million to major carriers and network service providers for services on 360atlantic, 360americas, 360asia and 360pacific as well as on its North American network.  Many of the new sales were from repeat customers.  More than 25% of the new 360atlantic cable capacity has now been sold. http://www.360.net/News---Releases---Details.asp?ID=119
360networks, April 3, 2001

CENTILLIUM LAUNCHES HIGHEST DENSITY VOICE OVER PACKET (VOP) CHIP
Centillium Communications introduced its next generation Entropia Voice over Packet (VoP) chip supporting VoIP and VoATM and offering the ability to process 336 channels of either Pulse Code Modulation (PCM) or Adaptive Differential PCM (ADPCM) traffic.  The Entropia system-on-a-chip includes a Digital Signal Processor (DSP) and software for voice processing, including compression, echo cancellation, tone detection and generation, and signaling support. The network processor, which is also integrated on the chip, includes AAL1, AAL2, and RTP/UDP/IP processing.  http://www.centillium.com/news/press/20010402pr01.html
Centillium Communications, April 3, 2001

SPIRENT ANNOUNCES IP DIAGNOSTICS PLATFORM FOR DSL DELIVERY
Spirent Communications introduced a network probe technology designed to provide automated IP validation on DSL installations.  The CopperMax/iCon allows DSL service providers to obtain positive confirmation of a circuit's ability to receive and transmit IP data through a DSLAM and to an ISP’s authentication server.  http://www.spirentcom.com
Spirent Communications, April 3, 2001

AT&T LATIN AMERICA SELECTS NORTEL’S LONG-HAUL AND METRO OPTICAL
AT&T Latin America will deploy Nortel Networks’ OPTera Metro and OPTera Long Haul optical solutions.  The contract also covers Nortel Networks’ Preside network management and Nortel Networks’ Global Professional Services.  Financial terms were not disclosed.   http://www.nortelnetworks.com/corporate/news/newsreleases/2001b/04_03_0101222_att_latin_america.html
Nortel Networks, April 3, 2001

• Last week, AT&T Latin America announced $300 million in secured, long-term equipment financing from its key vendors, including Cisco Systems, Lucent Technologies and Nortel Networks.  As part of the deal, AT&T Latin America will commit to make equipment purchases from these vendors in proportion to their respective financing commitments. 
• As of year-end 2000, AT&T Latin America's high-speed fiber network reached over 5,200 total route kilometers or approximately 131,000 fiber kilometers, covering 12 major metropolitan areas.

WAYPORT EXPANDS ITS 802.11B WIRELESS ACCESS SERVICE IN US AIRPORTS
Wayport is now offering 802.11b wireless Internet access at San Jose International Airport (terminal-wide coverage), Seattle-Tacoma International, Austin-Bergstrom International and Dallas/Fort Worth International airports.  Wayport's wireless service simply requires a laptop and an 802.11b wireless Ethernet card.  The service is also available at some hotels in the Four Seasons, Wyndham, Sierra Suites and Sonesta Hotels and Resorts chains.  http://www.wayport.com/ 
Wayport, April 3, 2001

ZEEVO SECURES $25.5 MILLION FOR BLUETOOTH SILICON
Zeevo, a start-up based in Santa Clara, California, closed its third round of funding with $25.5 Million in equity financing.  The company has raised $42 million to date.  Zeevo is developing a Bluetooth system-on-chip solution using 0.18-micron CMOS technology.  Investors include Dell Ventures, Capital Research and Management Company, Charter Growth Capital, Sequoia Capital and Raza Venture Fund.  http://www.zeevo.com
Zeevo, April 3, 2001

• Zeevo is led by Anil Aggarwal, who formerly served as a marketing executive with the Wireless Products Group at Philips Semiconductor (previously VLSI Technology).

NOKIA SIGNS 3G DEALS WITH ORANGE, MOBILCOM, HUTCHISON 3G, C&W OPTUS
Orange, one of the world’s largest mobile operators, selected Nokia as the major supplier of its advanced 3G networks for Itineris in France and Orange in the UK.  MobilCom, which is partially owned by Orange, also selected Nokia as a supplier for its 3G network in Germany.  These contacts are valued at 1.5 billion euros (US$1.34 billion).

Separately, Nokia agreed to provide a bridge-financing package valued at GBP 460 million (US$659 million) to Hutchison 3G UK Ltd. for rollout of its 3G nationwide network in the UK. Hutchison 3G will provide WCDMA coverage using Nokia's highly flexible Optima Compact and Supreme range of base stations.  Hutchison 3G’s shareholders include Hutchison Whampoa Limited (65%), NTT DoCoMo (20%), and KPN Mobile (15%).  http://www.hutchison3g.com

Cable & Wireless Optus also selected Nokia for the sole supply of a comprehensive 3G mobile network in Australia. The agreement covers the supply of 3G RAN (Radio Access Network), for both WCDMA and EDGE, as well as the complete 3G Circuit and Packet Core Network.  The deal is valued at A$900 million (US$440 million) over seven years.  http://press.nokia.com/pressreleases.html
Nokia, April 3, 2001

ALCATEL SIGNS UMTS/3G MOBILE CONTRACT WITH ORANGE FRANCE (ITINERIS)
France Telecom Mobile, the French subsidiary of Orange S.A., awarded a contract valued at 315 million euro (US$282 million) to Alcatel for the supply of a 3rd generation mobile communication network (3G/UMTS) for France.  Alcatel’s Evolium radio equipment will be installed mainly on the already existing sites of Itineris's network, allowing coverage for half of Northern France, including Paris and its outskirts.  Deployment begins this year.  Alcatel will also supply its Evolium solution for the 3G-core network, which will be able to manage up to one million subscribers.  http://www.alcatel.com/vpr/?body=/latestnews/03042001_1uk
Alcatel, April 3, 2001

ALCATEL CUTS 5% OF US STAFF
Alcatel announced a 5% reduction in its US staff, representing approximately 1,100 positions of which 800 are full time employees.  http://www.alcatel.com/vpr/?body=/latestnews/03042001uk
Alcatel, April 3, 2001

CISCO ANNOUNCES IP+OPTICAL DESIGNATION
Cisco Systems announced a new IP+Optical designation within the Cisco Powered Network program for key service provider customers.  Cogent Communications, a next generation ISP, is the first to receive the designation for having built a nationwide IP+Optical end-to-end network with Cisco equipment.  Cogent's national backbone is currently operational via two large interconnected Eastern and Western rings which connect 13 cities across the US.  The ISP is offering 100Mbps of optical bandwidth and Internet connectivity for a flat monthly rate of $1,000.   http://www.cisco.com  http://www.cogentco.com
Cisco Systems, April 3, 2001