TELEGLOBE ACCELERATES EUROPEAN BUILD-OUT, PURCHASING WAVELENGTHS RATHER THAN DARK FIBER
Teleglobe will purchase multiple wavelengths from KPNQwest for $56 million in a bid to accelerate the rollout of its European network.  The purchase of lit capacity is also expected to save Teleglobe an estimated $75 million over the cost of lighting dark fiber or building its own facilities.  Included in the agreement are wavelength purchases on KPNQwest's German, Scandinavian, East European and Swiss routes connecting 24 major European cities.  In addition, KPNQwest has purchased approximately US$40 million in equipment and network services from Teleglobe for its European operations.  http://www.teleglobe.com
Teleglobe, July 18, 2001

• In May 2000, Teleglobe announced an agreement to purchase 13,000 route km of dark fiber from KPNQwest for US$100 million. 
• In June, Teleglobe announced up to US$350 million in purchases of lit fiber across North America, primarily from Williams Communications and Broadwing.  Early last year, Teleglobe had agreed to purchase nationwide dark fiber from Williams.  The new wavelength purchases will provide Teleglobe with a multiple 10 Gbps transcontinental backbone that will be interconnected with acquired capacity on the Flag Atlantic cable system.  Teleglobe is also deploying an MPLS data network to support IP VPN services.  As part of the transactions, Williams and Broadwing will separately purchase a combined US $110 million of Teleglobe's network and eBusiness services over the next four years.

ACCEL PARTNERS AND LEVERAGED BUYOUT FIRM TARGET TELECOM OPPORTUNITIES
Accel Partners, one of the leading Silicon Valley venture capital firms, formed a new company in partnership with Kohlberg Kravis Roberts & Co. (KKR), a leveraged buyout company, targeting telecom industry buyouts.  The new Accel-KKR Telecom will invest in and manage assets in the telecommunications business on a global basis using the joint human and financial resources of the two firms. Funding for specific investments will come from KKR's existing Funds, Accel's latest Funds, and from the Fund managed by the existing Accel-KKR partnership.  Arun Sarin, former president of AirTouch and chief executive officer of InfoSpace, will serve as the company’s CEO.  The companies said there is a sizable gap between the telecom opportunity and the difficulties many industry players are currently experiencing.  http://www.accel.com  http://www.kkr.com
Accel Partners, July 18, 2001

FCC ISSUES 8 MORE LICENSES FOR SATELLITE SERVICES
The FCC authorized eight new mobile satellite services (MSS) systems in the 2 GHz band to provide mobile voice, data, Internet access and other new satellite communications services across the US.  The authorizations were issued to Boeing; Celsat America, Constellation Communications, Globalstar, ICO Services Ltd., Iridium, Mobile Communications Holding, and TMI Communications.  http://www.fcc.gov/Bureaus/International/News_Releases/2001/nrin0109.html
FCC, July 17, 2001

OPNET TECHNOLOGIES RELEASES UPDATE FOR ITS NETWORK PLANNING TOOLS
OPNET Technologies announced the eighth major release of the core technology underlying its Guru, Modeler and Netbiz software tools, which provide advanced network and application performance troubleshooting, change validation, operational planning, and automated design.  OPNET 8.0 features an improved model library and a new QoS-savvy hybrid simulation engine designed to improve the speed of detailed QoS analyses.  http://www.opnet.com/news/press/opnet_80_pr.html
OPNET, July 18, 2001

AOL TIME WARNER SELECTS SAMSUNG FOR SET-TOP BOX, SAMSUNG SIGNS ADVERTISING CAMPAIGN
AOL Time Warner selected Samsung Electronics to develop a next generation AOLTV set-top box featuring functionality from the TiVo service.  The companies will also explore other digital convergence product ideas, such as wireless devices, Web terminals and e-mail printers.  In return, Samsung agreed to an advertising campaign to build its brand through promotions across many of AOL Time Warner's print, TV and online properties.  http://media.aoltimewarner.com/media/press_view.cfm?release_num=55252068
AOL Time Warner, July 18, 2001

CONVERGENT NETWORKS POSITIONS ITS SWITCH FOR RBOC DEPLOYMENTS
Convergent Networks will position its ICS2000 Broadband Switch for deployment in RBOC network by seeking OSMINE-ready status for the platform.  To date, Convergent Networks has announced deployment of the platform in competitive and smaller incumbent local exchange carriers.  By offering support for the Telcordia Technologies TIRKS system, the ICS2000 would meet a key product requirement for deployment in large carrier (RBOC) networks.  http://www.convergentnetworks.com/rel071801.html
Convergent Networks, July 18, 2001

• Convergent Networks' ICS2000 provides switching and adaptation between any mix of PSTN and broadband packet networks, including ATM, TDM, IP and DSL.  The platform employs a 20-slot, NEBS Level 3 certified chassis with a 10 Gigabit ATM switching architecture (5 Gigabit redundant).  Two slots are dedicated to the redundant switching fabric and control processor, and the remaining 18 slots are available for TDM service units (TSU), ATM service units (ASU), IP service units (ISU) and Time Slot Processors (TSP).

COPPERCOM ADDS GR-303 SUPPORT TO MEDIA GATEWAY AND SOFTSWITCH
CopperCom announced GR-303 support for its CSX 2100 media gateway and CopperController softswitch, enabling service providers to reach subscribers through broadband or circuit access and connect them either to the PSTN or a packet core network.   EurekaGGN, a facilities-based integrated communications provider, will deploy the solution to serve multi-tenant office buildings in New York.  http://www.coppercom.com
CopperCom, July 18, 2001

AVIAN SECURES $22 MILLION FOR MOBILE INFRASTRUCTURE EQUIPMENT
Avian Communications, a start-up based in Marlborough, Massachusetts, secured a $22 million round of equity financing for its development of mobile networking infrastructure equipment.  Investors include Argo Global Capital, Nokia Venture Partners, Wasserstein Ventures, YankeeTek Ventures, Clarity Capital and St. Paul Venture Capital.  http://www.aviancommunications.com
Avian Communications, July 18, 2001

• Avian Communications is building a Mobile Services Switching Platform (MSSP) for supporting intelligent data services in 3G networks as well as wireless LAN enhanced 4G networks.  The company describes its product as analogous to Service Switching Points in traditional telephony networks which enabled advanced intelligent network services such as 800 numbers, 900 numbers, Caller ID and Caller Name.
• Avian Communications is led by Raj Alur, who most recently served vice president, strategic and segment marketing, for Lucent Technologies.  He previously was director of product marketing for Ascend Communications’ Carrier Signaling and Management unit.  Avian was founded by Dr. Jihad Boura, an Adjunct associate professor at Boston University in the Electrical and Computer Engineering department.  Dr. Boura also served as the chief system architect developing 10-Gigabit switching technology for 3Com and as a design architect for IronBridge Networks.

TEXTRON CONTINUES MOVE INTO DATA-SIGNAL-VOICE TEST EQUIPMENT MARKET
Textron has acquired Industrial Technology and Opto-Electronics as part of its strategy to enter the data-signal-voice test equipment market.  Both acquired companies will become part of Tempo, a unit of Textron that develops tools and technologies to install, test and measure the performance of copper and fiber-optic networks.  Terms of the transaction were not disclosed.  Industrial Technology, which is based in Mineral Wells, Texas, offers a test set that permits the transfer of telephone service from one cable to another without interruption of service.  It also designs, manufactures and markets digital signal identifiers and tone probes, cable fault locators, and a unique line of electronic marking and locator equipment.  Opto-Electronics, which is based in Oakville, Ontario, Canada, offers high-resolution picosecond (one trillionth of a second) Optical Time Domain Reflectometers (OTDRs), fiber-optic systems, pulsed lasers and photodetectors.  http://www.tempo.textron.com
Textron, July 18, 2001

BROADCOM DELIVERS 64-BIT MIPS-BASED, MULTI-PROCESSOR FOR NETWORKING
Broadcom introduced a new network processor solution featuring two 64-bit CPUs, a high-speed memory subsystem, and input/output (I/O) peripherals all integrated onto a 60 million transistor silicon chip.  Target applications include control plane and wire-speed in-line processing at data rates up to OC-48.  Redback Networks is using the solution for line cards providing high-touch content processing and fast packet forwarding.  http://www.broadcom.com
Broadcom, July 18, 2001

TYCOM GLOBAL NETWORK RECOGNIZES CAPACITY SALES, INCREASES EARNINGS OUTLOOK
TyCom reported quarterly sales of $118.1 million, compared to $68.5 million in the preceding quarter and $88.7 million for the same period last year.  Earnings for the quarter were nine cents higher than the company's previously announced guidance, with five cents of the increase attributed to operations and four cents to a reduction in the tax rate.  TyCom is increasing its earnings guidance for fiscal 2001 from a range of 71 - 73 cents to a range of 82 - 84 cents per share.  During the quarter, the company began carrying commercial traffic on the transatlantic route of the new TyCom Global Network.  http://www.tycomltd.com
TyCom, July 18, 2001

• Tyco International acquired AT&T's Submarine Systems division in 1997.  The company operates a fleet of ships for laying communication cables for international telecom carriers.  In January, Tyco announced its intention to build and operate its own undersea global fiber network.