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GLOBAL ONE SIGNS 60 MULTINATIONALS FOR ITS MPLS-BASED
IP VPN SERVICE
Global One has signed over 60 multinational companies in
the US, Europe, South America, and Asia for its MPLS-based
IP VPN Service. By
placing MPLS-enabled service routers closer to a customer's
location, Global One optimizes the routing for greater
any-to-any connectivity control between cities on the
network, flexibility and improved performance. Global One
recently enhanced the service’s VoIP capabilities and now
permits optimized VoIP "distance-free" off-net calling to
over 220 countries and territories. Global
IP VPN is now available in
almost 40 countries with native MPLS access. Global
IP VPN is also available
in almost 80 countries with Frame Relay access, and
virtually worldwide with integrated, secure IPSec tunneling
over the Internet. Some of the customers include The
European Commission/Testa, Renault Spain, AMA (Agrupacion
Mutual Aseguradora), Anglo American PLC, Ariane II, Balzers
AG, Elekta, Ficosa, Grupo Expo, John Swire & Sons,
Kingfisher PLC, K-Line, Sinochem, and Space Cargo.
http://www.global-one.net/
Global One, May 3, 2001
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In
January 2000, France Telecom became the sole owner of
Global One by acquiring Sprint and Deutsche Telekom’s
stakes in the company for a total equity value of $3.9
billion. At the time, Global One operated a worldwide
ATM-based network reaching more than 800 cities in over 40
countries. It had 1999 revenues of $1.1 billion.
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In
November 2000, France Telecom and Amsterdam-based Equant
announced an agreement to merge Equant and Global One.
Under the deal Equant will acquire Global One from France
Telecom in exchange for newly issued Equant shares. In
addition, France Telecom will acquire the SITA
Foundation's interest in Equant using existing France
Telecom shares. SITA was formed by major airlines from
around the world to provide communications and data
processing services to the air transport industry. Equant
/ Global One will gain full control of the SITA / Equant
network. In March, the European Commission and the US
Department of Justice approved the proposed combination of
Equant and France Telecom/Global One, with no
restrictions. The deal is expected to close in the middle
of the year.
TELSEON LAUNCHES METRO WAVE SERVICE FOR CARRIERS AND ISPS,
SIGNS DYNERGY
Telseon launched a Metro Wave Service offering
high-capacity protocol independent connectivity for other
carriers and ISPs. The service provides 2.5 Gbps or 10 Gbps
connectivity between two network locations within a given
metropolitan market. Telseon said carriers and service
providers could use the service to enhance their existing
SONET investments, to augment existing infrastructure with
additional bandwidth and to bypass ILEC connections between
network locations within a metro region. Telseon is also
promising service availability in days or weeks, not months
or years. The service will be rolled out in Atlanta,
Chicago, Dallas, Denver, Los Angeles, Miami, New York, San
Francisco, Seattle, and the Washington DC area starting next
month. In addition, Telseon has entered a long-term network
service agreement with Dynergy, which will use Telseon’s
footprint to expand its ability to service its customers in
18 metropolitan markets and 85 network locations. Financial
terms were not disclosed.
http://www.telseon.com
Telseon, May 3, 2001
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In
February, Telseon secured $100 million in new equity
investments to fund the rollout of its metropolitan
Ethernet service. In addition, the company has arranged
for $75 million in capital lease financing, bringing its
total funding to date to $261 million in capital.
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360networks will
have access to Telseon’s optical Ethernet services in
metropolitan areas, enabling 360networks to extend its IP
transit, IP transport and backbone services to its
customers co-located in points of presence (POPs) on the
Telseon network. 360networks was named as a preferred
provider of dark fiber and long-haul capacity. Telseon has
also announced a similar agreement with Level 3.
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Telseon’s
additional partnerships include Epoch Internet, Everest
Broadband, Incyte Genomics, Level 3, Riverstone and
StorageLink.
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Last
August, Telseon announced an agreement to lease dark fiber
from Metromedia Fiber Network in key US cities.
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Dynergy,
a leading provider of energy in North America and Europe,
is building a nationwide, optical mesh network across the
US that consists of approximately 20,000 route miles of
fiber and more than 40 POPs. Dynergy has deployed Fujitsu
Network Communications’ FLASHWAVE OADX DWDM, which offers
up to 1.76 Tbps capacity in up to 88 wavelengths. So far,
the company has announced wholesale bandwidth services.
SANRISE ATTRACTS $115 MILLION FOR MANAGED STORAGE SERVICES
Sanrise, a start-up provider of managed storage
services, attracted $115 million in its Series B funding
round, bringing total financing to $203 million since the
company’s inception in May 2000. The new funds will be used
for the continued build-out of Sanrise's global fiber optic
data storage network infrastructure, expansion of its global
operations and further offshore development initiatives.
The company currently claims 600 customers. Investors
include ACON Venture Partners, Comdisco Ventures, Crosspoint
Venture Partners, Exodus, GATX Ventures, Global Innovation
Partners, Greenbridge Partners, The Greenspun Corporation,
Hitachi Data Systems, Hitachi Ltd, Lighthouse Capital
Partners, Morgan Keegan, Morgan Stanley Dean Witter Equity
Funding, Oasis Ventures and VERITAS Software.
http://www.sanrise.com/news_events/press_release.jsp?rn=2001050200
Sanrise, May 3, 2001
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In
January, Sanrise acquired Exodus Communications’ tape
back-up and restore service business.
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Sanrise
uses Brocade
Communications’ storage area networking products in its
network. It has also named Brocade’s Fibre Channel
SilkWorm fabric switches as the preferred storage area
network connectivity solution for its storagetone
suite of
data storage services.
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Sanrise is led by David Schneider, who formerly
was the CIO of AT&T Growth Markets, an $8 billion
concern.
VERIZON REPACKAGES ITS RESIDENTIAL DSL SERVICE
Verizon Online enhanced its premium residential DSL
service ($49 per month) with higher speeds of 768Kbps
downstream and 128Kbps upstream, more Web storage (10 MB),
more mail boxes (4) and a free PC camera. Verizon will
continue to offer a $39.95 DSL
plan, but new customers will have to pay a $200 set-up fee.
For $59.95 per month, Verizon will provide up to 1.5Mbps
downstream and 128Kbps upstream; a $69.95 telecommuter
package will provide 384Kbps/384Kbps service; and for $79.95
customers can get up to 1.5Mbps/384Kbps maximum connection
speeds.
For small
and medium-sized business, Verizon is now offering six
options throughout most of the mid-Atlantic and Northeast
states that comprise the former Bell Atlantic markets, and
five options in those markets that comprise the former GTE
territories. The dynamic IP DSL services offer maximum
connection speeds ranging from 768Kbps/128/Kbps to 7.1
Mbps/768Kbps. Verizon’s static IP DSL service ranges from
768Kbps/128Kbps maximum connection speeds to a symmetrical
768Kbps/768Kbps. The packages range in price from $59.95
per month to $204.95 per month.
http://www.verizon.com/dsl/
Verizon, May 3, 2001
VENDORS FORM INITIATIVE FOR 10 GIGABIT PLUGGABLE FIBER-OPTIC
TRANSCEIVERS
A group of sixteen optical component vendors announced a
multi-source agreement (MSA) for next-generation 10 Gigabit
Pluggable (XGP) fiber-optic transceivers that are being
designed to make it easier to configure optical systems and
to pack more ports on a line card. The XGP covers five
10-gigabit transceiver types, including 850 nanometers (nm)
serial, 850nm coarse wavelength division multiplexing (CWDM),
1310nm serial, 1310nm CWDM and 1550nm serial. The solution
would be approximately the same as a standard GBIC. XGP
components would include a front-panel mounted transceiver,
a card edge mating connector, the electrical pin-outs and
mechanical dimensioning. The XGP group plans to leverage
much of the work that was done by last year's Small Form
factor Pluggable (SFP) MSA and are targeting a finished
design by June of 2001 so that products might ship this
year. Members of the group include Blaze Network Products,
E2O Communications, Finisar, Ignis Optics, Infineon
Technologies, Intel, Molex Incorporated,
Optical Communication
Products, Picolight, Samsung, Sigma-Links (a joint venture
of Fujikura and OKI) and Tyco Electronics.
http://www.xgpmsa.org
XGP, May 3, 2001
OPTICAL SOLUTIONS SIGNS DEVELOPER FOR FIBER-TO-THE-HOME
Optical Solutions Inc. signed a Minnesota developer for
deploying its fiber-to-the-home (FTTH) architecture in a new
community of 1,200 houses near Minneapolis. The network
initially will provide up to four lines of telephone
service, 80 cable television channels and Internet access at
up to 10Mbps. The service will be upgradeable to 100Mbps of
data capacity, 200 digital and analog television channels,
pay-per-view options and "smart home" services.
http://www.opticalsolutions.com
Optical Solutions, May 3, 2001
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Optical
Solutions’ FiberPath product line includes a headend bay
that can be co-located with a class 5 switch or
interconnected through a GR-303 interface, a passive
optical network (PON) system to "split" the fiber from the
central switching office to the home, and a customer
premise node.
COLUBRIS OPTIMIZES WIRELESS LANS FOR PUBLIC ACCESS
Colubris Networks, a start-up based in Laval,
Quebec, introduced a wireless LAN router designed
specifically for ISPs wishing to deploy public area access
solutions, such as Internet Cafés or scaling up to entire
airports or conference centers. Colubris provides a number
of security and management features not commonly found in
other wireless access points, including RADIUS-based
authentication, authorization and accounting. Pricing
starts at US$2,195.
http://www.colubris.com/
Colubris Networks, May 3, 2001
ERICSSON VETERANS FORM REDDO NETWORKS, TARGET LAYER 7 EDGE
SWITCHING
Reddo Networks, a start-up based in Stockholm, Sweden, plans
to develop and supply IP products for tomorrow's “layer 7
edge switching systems”. The switch is being designed to
facilitate delivery of value-adding broadband content and
services. The new company is initially funded by
Slottsbacken and Teknoinvest.
http://www.reddo.net
Reddo Networks, May 3, 2001
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Reddo
Networks is headed by Jan Berglund, formerly Director
Product Technology Strategy IP
Telephony at Ericsson. Johan Svedberg, Vice President
Engineering, has been Chief Architect
IP Telephony at
Ericsson. Erland Lonaeus, Vice President Marketing &
Sales, has held various senior positions at Ericsson.
GENUITY TRIMS CAPITAL EXPENDITURE PLANS FROM $2.2 BILLION TO
$1.4 BILLION
Genuity reported Q1 revenue of $299 million, up 21% over
last year, but down from $313 million in Q4 2000. Net loss
for the quarter was $292 million or $0.30 per share. The
company highlighted year to year revenue increases in its
major service lines, including 53% growth in Hosting and
Value-Added Services. DSL
revenues in the quarter were $31 million and the company now
has 324,800 subscribers, a 41% increase over Q4. However,
Genuity noted slower new order growth, which it attributed
to the current economic climate, and a delayed purchasing
cycle by enterprise customers. As a result, Genuity will
layoff approximately 12% of its staff and reduce its capital
spending for the year to $1.4 billion, as compared to its
previous guidance of $2.2 billion. Verizon has agreed to
provide credit support for Genuity to raise up to $2 billion
in new long-term capital. Genuity currently has $4.75
billion of funding sources available.
http://www.genuity.com/announcements/news/press_release_20010503-01.xml
Genuity, May 3,
2001 |
31-Mar-01
