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TELUS
SELECTS NORTEL TO TRANSISTION SONET TO OPTICAL ETHERNET
TELUS
Quebec selected Nortel Networks to begin transitioning existing
SONET infrastructure to an optical Ethernet design based on
resilient packet ring (RPR) technology.
The deployment will include the Nortel Networks OPTera
Metro 3500 Multiservice Platform in Montreal and Quebec City.
Initial rollout will target 15 sites and then potentially
expand to more than 100 sites within the next two years.
Beginning next month, TELUS expects to be able to provide
its first customers with bandwidth on demand in one Mbps segments
up to 100 Mbps. Financial
terms were not disclosed. http://www.nortelnetworks.com/corporate/news/newsreleases/2001d/10_23_01_telus_quebec.html
Nortel Networks, October 23, 2001
CABLE
& WIRELESS SELECTS CIENA FOR CORE ACCESS BANDWIDTH GROOMING
APPLICATIONS
Cable
& Wireless will use CIENA’s MultiWave CoreDirector for
access bandwidth grooming applications in its global IP network.
The CoreDirector switches will consolidate, groom and
manage a wide variety of bandwidth access levels from STM1 to
OC48. Financial terms
were not disclosed. http://www.ciena.com/news/2001/10/10.23.2001pr.asp
Cable
& Wireless, October 23, 2001
WILLIAMS
DEPLOYS ONI SWITCHES FOR ON-NET DWDM SERVICES
Williams Communications has deployed ONI Systems’
optical systems in nine metro markets.
The equipment is used for Williams’ recently launched
On-Net Metro Access Services and Optical Wave Services.
Williams Communications is currently providing on-net local
access services to KDDI America Inc., Teleglobe and a major Tier 1
Internet service provider, among others.
http://oni.com
ONI Systems, October 23, 2001
-
Last
week, Williams Communications announced general availability
of on-net Metro Access Services via 80 metro access points in
17 US cities. Williams has connected fiber from POPs along its
nationwide network to strategic aggregation facilities
including carrier hotels, neutral colocation providers,
central offices, network access points and Internet data
centers. The new service offering includes DS-3 through OC-48
local private line and OC-48 optical waves.
CENIX
RAISES $52 MILLION FOR ITS 10 GBPS OPTICAL COMPONENTS
CENiX,
a start-up based in Lehigh Valley, Pennsylvania, raised an
additional $52 million in a combination of second round equity and
debt financing. CENiX
is developing high-speed optoelectronic interfaces, including an
MSA compliant 10Gbps optical subsystem for use in metro access and
regional DWDM networks, which is now available.
A smaller version of this initial product is expected to
ship in Q2 2002. In
addition to first round investors, the recently completed Series B
equity round of $34 million includes POSDATA, AK Investments, LG
Electronics Inc., Athena Venture Fund, Samwhan, S.P. Comtech Co.,
Ltd., Optical Capital Group and other strategic partners and
individuals. The $18
million in debt financing was funded by Western Technology
Investment and Comdisco Ventures in support of CENiX's
manufacturing and automation equipment financing.
The company has raised $77 million to date. http://www.cenix.com
CENIX, October 23, 2001
- CENIX was
founded in July 2000 by several executives from Lucent
Technologies’ Optoelectronics Division, including Dr. Melvyn
Dixon, formerly Director of Technology Planning and Ventures;
Dr. Nils Anders Olsson, formerly VP and General Manager;
Timothy P. Bock, formerly Manufacturing and Process
Development Director; Dr. Sung Joon Kim, formerly the General
Manager of the Optical Subsystems Products Group; and Ettore
J. Coringrato, formerly Business Planning and Development
Director.
EPANA
LAUNCHES METRO ETHERNET SERVICES IN NYC
EPANA Networks, a start-up service provider, launched its
first Ethernet metro access service in New York City.
The company is planning to launch nine other such networks
in major US cities next year.
The company is backed by funding from Sienna Ventures and
Bluefish Ventures. http://www.epana.com
EPANA Networks, October 23, 2001
SHEER
NETWORKS INTRODUCES ITS
BROADBAND OPERATING SYSTEM
Sheer
Networks, a start-up based in Tel Aviv, Israel, introduced a
Broadband Operating System offering advanced service fulfillment,
assurance and billing capabilities.
Sheer’s MetroCentral OS uses distributed autonomous agent
technology to create an actively networked, real-time image of all
network elements, as well as physical and logical relationships
within the network. The
operating system mediates between network devices and service
layers, which initially include DSL/ATM and basic IP.
Sheer Networks plans to extend its model to include IP/VPN
customers by the end of this quarter and will cover DOCSIS
architectures in the first half of 2002 and GPRS/3G networks in
the second half of 2002. http://www.sheernetworks.com
Sheer Networks, October 23, 2001
ORESIS
ACQUIRES VSYS,
A SOFTSWITCH DEVELOPER
Oresis
Communications announced the acquisition of Vsys' softswitch
technology and intellectual property.
The Vsys softswitch offers Class 4 and Class 5 voice
switching features. Oresis
plans to combine the capabilities with its own ISIS-700 media
gateway through an open standards-based MGCP/H.248 interface.
Financial terms were not disclosed.
http://www.oresis.com/news/detail.asp?page=MTAwMzY5Mzk5MDc0OQ==.OTcuNjc5
Oresis Communications, October 23, 2001
-
Oresis'
flagship product is its ISIS-700 Integrated OmniService
Switch, a carrier-class, software-programmable, multiservice
switching system offering an integrated tandem softswitch,
data, and Internet services.
The system handles
multiple circuit and packet switched voice services, as well
as multiple data services, in a single switch without the need
for any external gateways, media converters, or call control
servers. The
platform uses a core ATM switching fabric to provide
interworking between ATM, ISDN, IP, and SS7 signaling
protocols as well as interoperating with existing ATM, Frame
Relay, PSTN and IP networks.
-
In
March, Oresis closed $65 million in third round venture
funding, bringing its total private capital raised to date to
over $100 million.
ADC
ANNOUNCES RESTRUCTURING AND LAYOFFS
ADC announced a
restructuring of its business units and several management
changes. ADC
will eliminate the position of COO and current COO Lynn Davis will
retire. Rick Roscitt
will assume the role of President in addition to his
responsibilities as Chairman and CEO.
Larry Ford, Senior Vice President and previous head of
ADC's Integrated Solutions Group, will become president of ADC's
Wireline Business, which includes ADC's DSL
solutions. ADC will
also combine its marketing and customer services organizations.
As a result of these changes,
ADC will eliminate 100 - 150 managerial positions.
http://www.adc.com
ADC, October 23, 2001
AVAKI
RAISES $10 MILLION FOR DISTRIBUTED COMPUTING SOFTWARE
Avaki, a start-up based in Cambridge, Massachusetts,
raised $10 million in second round funding for its development of
grid software to enable resource sharing across large- scale,
highly distributed computer networks.
The company is currently shipping the second release of its
software. The new
funding was led Polaris Venture Partners.
AVAKI closed the first round of $6 million in June 2001.
http://www.avaki.com/
Avaki, October 23, 2001
NET2PHONE
ANNOUNCES NEW OWNERSHIP AND MANAGEMENT
A consortium consisting of IDT, Liberty Media Corporation
and AT&T has taken ownership of approximately 49% (60% of the
voting power) of Net2Phone. IDT
and AT&T contributed their shares of Net2Phone (approximately
10 million and 18.9 million respectively) to a newly formed
Limited Liability Company (LLC). Liberty then acquired a
substantial portion of the LLC's units from AT&T, while IDT
increased its stake and AT&T retained a significant interest.
IDT will be the managing member of the LLC. Net2Phone also
announced the resignation of its CEO, Howie Balter.
http://www.net2phone.com/cgi-bin/pagemerge.cgi?outer=press_releases01&inner=10_23_2001
Net2Phone, October 23, 2001
LUCENT
TECHNOLOGIES REPORTS QUARTERLY NET LOSS OF $8.8 BILLION
Lucent
reported revenues of $5.2 billion for the fourth quarter of
its fiscal 2001, a 28% decline from $7.2 billion in Q4 2000.
This compares with Q3 2001 of $5.9 billion.
Lucent’s Q4 loss from continuing operations was $8.8
billion, including one-time charges of $8 billion for headcount
reductions, product rationalizations and asset write-offs.
For fiscal year 2001, revenues declined 26% to $21.3
billion and the pro forma loss from continuing operations was $4.7
billion. Lucent said
that it has made progress in its efforts to reduce expenses and
return to profitability in 2002.
The company has reduced its work force from 106,000 in
December 2000 (excluding Agere Systems) to 77,000 in September,
and expects to reach its target of 57,000 to 62,000 employees by
March 2002. For 2002,
Lucent said that it anticipates an overall industry decline of
15-to-20%, but reported early signs of increased customer spending
in certain business segments for the first calendar quarter of the
year.
http://www.lucent.com/press/1001/011023.coa.html
Lucent
Technologies, October 23, 2001
Daily Journal For Broadband Networking
Copyright 2001 Converge! Media Ventures Inc.
All Rights Reserved. ISSN 1084-2438
News sources are listed for your reference.
Sunnyvale, California USA
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To
help you plan your visit to the Next Generation
Networks (NGN) conference, we are
providing information from our sponsor companies
that will be at the show. NGN will take
place November, 5-9, 2001 in Boston,
Massachusetts.
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WaveSmith's
DN product family is a next-generation
multiservice switching platform that allows
carriers to grow existing services while gradually
migrating to IP/MPLS. The DN product family
targets multiservice switches from Lucent/Cascade,
Nortel, and Alcatel/Newbridge -- a portion of the
carrier network long overdue for a change.
Special
Events:
See
live Demonstrations of the DN Product Family
during exhibit hours, and hear WaveSmith President
and CEO, Robert Dalias, speak on
"Multiservice Networking at the Edge" on
Wednesday November 7th at 4:45 PM
Free
Stuff!
Visit
WaveSmith at booth #119 and pick up a copy
of our Migration White Paper, "The Path to
MPLS", and a surfboard keychain bottle
opener.
More
Information:
Click
here!
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Spirent
Communications designs
and manufactures Abacus, Adtech, DLS, GSS,
Hekimian, Metrohm, SmartBits, Net-HOPPER, and TAS
performance analysis solutions to provide
customers with a full-breadth of comprehensive and
integrated performance analysis solutions.
Spirent Communications' solutions accelerate
development and minimize the risk of deployment of
new communications technologies and services.
More
Information:
Click
here!
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