1. Qwest to Provide Network Services for GE’s Health Data Management
2. Equant Signs Japan’s Yazaki for Global IP VPN
3. MFN Receives Commitment for $250 Million in Vendor Financing
4. Bell Labs Creates Organic Superconductor out of Carbon Bucky Balls
5. Nortel Networks Delivers 10 Gbps Optical Ring for Brazil's Embratel
6. Intel Introduces Gigabit Ethernet Switching Chips
7. Teleglobe Reorganizes, Cuts 20% of Staff and 15% of CAPEX

8. Riverstone and Tellabs Exchange Lawsuits, End Alliance

QWEST TO PROVIDE NETWORK SERVICES FOR GE’S HEALTH DATA MANAGEMENT
GE Medical Systems Information Technologies will use advanced network resources from Qwest Communications to support an Application Service Provider (ASP) venture that enables hospitals across the US to electronically store their rapidly growing inventory of medical images securely off-site, and retrieve them at optical speeds.  The companies estimate that this ASP service will generate more than $250 million in top-line revenue.  GE is already offering the ASP services to hospitals and healthcare systems.  Under the alliance, Qwest will transfer medical data over its optical infrastructure and manage the information in secure hosting centers.  Qwest said modern diagnostic imaging scanners are capable of producing up to 1,000 images per exam, making digital capture, review and storage systems an absolute necessity. http://www.qwest.com/about/media/pressroom/1,1720,773_archive,00.html 
Qwest, August 30, 2001

EQUANT SIGNS JAPAN’S YAZAKI FOR GLOBAL IP VPN
Yazaki Corporation, a prominent Japanese auto parts manufacturer, selected Equant to provide an IP VPN with voice capacities linking its worldwide sites.  Equant said the customized IP VPN would support voice, fax, Intranet, e-mail and System Network Architecture (SNA) services and VoIP over a single network. Financial terms were not disclosed.
http://www.equant.com/content/xml/press_release_30_08_01.xml 
Equant, August 30, 2001

  • In July, Equant and Global One completed their previously announced merger, creating a worldwide service provider focused on multinational business customers.  France Telecom holds approximately 54% of the new company.  Equant’s data network, which includes the infrastructure of the SITA network, reaches 220 countries and territories. 
     
  • In May, Global One said it had signed over 60 multinational companies in the US, Europe, South America, and Asia for the MPLS-based IP VPN Service, which is currently available in over 40 countries with native MPLS access.

MFN RECEIVES COMMITMENT FOR $250 MILLION IN VENDOR FINANCING
Metromedia Fiber Network received a commitment letter for $250 million in vendor financing from an undisclosed source.  The funding is subject to various conditions including: the closing of the $150 million note facility led by Citicorp announced earlier this month, commitments from other sources in the amount of $230 million ($180 million of which has been committed to by affiliates of the Company), and obtaining the requisite consents from holders of the Company's 10% senior notes due 2008 and 2009.  http://www.mmfn.com 
Metromedia Fiber Network, August 30, 2001

BELL LABS CREATES ORGANIC SUPERCONDUCTOR OUT OF CARBON BUCKY BALLS
Researchers at Bell Labs have shown that carbon molecules known as bucky balls can act as superconductors at temperatures below 117 Kelvin (minus 249 degrees Fahrenheit).  The achievement is more than double the previous temperature record of 52 Kelvin (minus 366 degrees Fahrenheit) set last year and it is warm enough for the bucky ball superconductors to function while cooled by liquid nitrogen instead of much more expensive liquid helium.  Lucent said the research raises hopes for inexpensive, power loss-free organic electronics.  http://www.lucent.com/press/0801/010830.bla.html 
Lucent Technologies, August 30, 2001

NORTEL NETWORKS DELIVERS 10 GBPS OPTICAL RING FOR BRAZIL'S EMBRATEL
Nortel Networks delivered a 3,000-km, 10 Gbps optical ring network to Embratel, Brazil’s leading long-distance carrier.  The network connects the cities of São Paulo, Belo Horizonte, Brasília and Goiânia.  It uses Nortel Networks OPTera Long Haul 1600 Optical Line System, OPTera Connect DX optical switch and 37 repeater stations.  Financial terms were not disclosed.  Nortel Networks previously deployed a number of 10 Gbps SDH/DWDM systems for Embratel, linking the largest cities in Brazil – São Paulo, Rio de Janeiro and Belo Horizonte.  http://www.nortelnetworks.com/ 
Nortel Networks, August 30, 2001

INTEL INTRODUCES GIGABIT ETHERNET SWITCHING CHIPS
Intel introduced a 16-Port Gigabit chip designed for plug-and-play Ethernet switches.  Intel said its new Media Switch device enables switch systems to be built for less than $100 per port.  Intel also introduced switching chips for four-gigabit ports (two more than the previous generation of Media Switch devices) and for 24-10/100 gigabit ports.  http://www.intel.com/pressroom/archive/releases/20010830net.htm 
Intel, August 30, 2001

TELEGLOBE REORGANIZES, CUTS 20% OF STAFF, 15% OF CAPEX
Citing international market conditions, Teleglobe announced a corporate restructuring that includes the elimination of approximately 450 jobs, or 20% of its workforce.  The international carrier estimates that its CAPEX plan extending through 2003 will be lowered approximately US$500 million from $3.4 billion to $2.9 billion.  In April, Teleglobe adjusted downward estimated requirements from $5 billion to $3.4 billion, largely reflecting cost improvements available due to over capacity in fiber supply as well as significant progress in the build out of its global network, a reduction in Internet data center requirements and other optimization and cost savings.  http://www.teleglobe.com 
Teleglobe, August 30, 2001

  • In June, Teleglobe announced the completion of a major network upgrade to MPLS-enable its entire global IP backbone.  The carrier described plans to offer a new suite of IP services, such as MPLS VPNs, new IP security services and IP Quality of Service (QoS).  The Teleglobe network currently has 55 major POPs. 

RIVERSTONE AND TELLABS EXCHANGE LAWSUITS, END ALLIANCE
Riverstone Networks and Tellabs filed lawsuits against each other, each alleging breach of a strategic alliance under which Tellabs was to resell Riverstone's next-generation router-based CMTS (cable modem termination system) head-end product.

Tellabs said the Riverstone products have never met contractual requirements for handling voice traffic and that Riverstone missed multiple product development milestones.  Tellabs plans to offer its own next-generation CABLESPAN solution through interoperability with multiple brands of cable modem termination systems (CMTS) and routers.  http://www.tellabs.com/news/01news/nr083001.shtml 

Riverstone said Tellabs failed to make minimum purchases of its DOCSIS 1.0 and Euro-DOCSIS certified CMTS equipment.  Riverstone said its CMTS products have been shipping for over a year and that the products have been successfully deployed by cable operators.  http://www.riverstonenetworks.com/news/press/20010830.shtml 
August 30, 2001

 Daily Journal For Broadband Networking
Copyright 2001 Converge! Media Ventures Inc.
All Rights Reserved. ISSN 1084-2438
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