Thursday, February 6, 2003

TeliaSonera Supplies Backbone Services to Lycos Europe

Thursday, February 06, 2003    

TeliaSonera International Carrier (former Telia International Carrier) will supply backbone capacity for Lycos Europe, one of the leading European Internet portals. Lycos Europe's corporate network connects its headquarters and central data center in Gütersloh, Germany with Lycos data centers in Hamburg, Paris, Copenhagen and Stockholm as well as major peering points in Amsterdam, London and Frankfurt. TeliaSonera IC is providing links ranging from 155 Mbps to 622 Mbps. The contract has a duration of three years. Financial terms were not disclosed.
http://www.telia.net/carrier/

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Avvio Networks Launches Multi-rate Optical Transponder

Thursday, February 06, 2003    

Avvio Networks, a start-up based in Bedford, Massachusetts, launched a multi-rate optical transponder that can be used to carry 1310nm, 1550nm and 850nm equipment onto WDM wavelengths. The A1010 transponder re-times, re-generates and re-shapes the optical signals for increased data reliability. It transparently supports any protocol including SONET, SDH, Gigabit Ethernet, InfiniBand, ATM and TDM traffic at any rate from 155 Mbps to 2.7Gbps.
http://www.avvionetworks.com

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BellSouth and Cingular File Complaint Against Sprint

Thursday, February 06, 2003    

BellSouth and Cingular Wireless filed a legal complaint against Sprint, stating that Sprint knowingly and unfairly interfered with the contractual, business and fiduciary obligations that Gary Forsee had with BellSouth and Cingular.
http://www.bellsouth.com
  • Earlier this month, Sprint offered the position of chief executive officer (CEO) to Gary D. Forsee, who is currently vice chairman - domestic operations of BellSouth. However, BellSouth obtained a temporary restraining order to prevent Forsee from accepting employment from Sprint due to the non-compete agreement in his contract.

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France Telecom Sells Wanadoo Belgium to Tiscali

Thursday, February 06, 2003    

France Telecom has withdrawn from the Belgian Internet market by selling its Wanadoo Belgium division to Tiscali for EUR 9.5 million in newly issued Tiscali shares. Wanadoo Belgium is an ISP and a portal site, with about 85,000 active customers -- of which 25,000 are ADSL subscribers. France Telecom said its withdrawal from Belgium is consistent with its European strategy, which is to focus on being one of the top three players in each market where the company is offering its services.
http://www.wanadoo.com

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Alcatel to Acquire iMagicTV

Thursday, February 06, 2003    

Alcatel agreed to acquire iMagicTV, a developer of software for delivering multi-channel digital television over broadband networks, for approximately US$30 million in aggregate. Alcatel already owns approximately 16% of iMagicTV. The offer represents a premium over iMagicTV's current share price. The iMagicTV IP video solution enables digital TV services, an interactive program guide, video-on-demand, pay-per-view and other interactive information services. iMagicTV is based in Saint John, New Brunswick, Canada.
http://www.imagictv.com
http://www.alcatel.com
  • In October 2000, Alcatel and Oracle formed Thirdspace, a joint venture that is developing an interactive, broadband TV framework. The Thirdspace platform was recently chosen by Softbank for its video over DSL deployment in Japan. http://www.thirdspace.tv

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NYT: SBC Negotiating to Buy DirecTV

Thursday, February 06, 2003    

SBC Communications is negotiating to acquire DirecTV, according to The New York Times. With a rival bid expected from Rupert Murdoch's News Corp., the deal potentially could be worth $10 billion, according to the report.
http://www.nyt.com
  • DirecTV has 11 million subscribers, representing about one out of every nine TV homes in the US.

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