Navini's 2.3 GHz Broadband Wireless Network Planned for Panama

Navini Networks announced a $3 million contract to supply its 2.3 GHz Ripwave broadband wireless systems to Liberty Technologies for deployment in Panama. The Navini non-line-of-sight (NLOS) wireless broadband network will be used to offer high-speed data and Internet related services to residential and small-to-medium size commercial customers.
http://www.liberty-tech.nethttp://www.navini.com

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Cogent Acquires Fiber Network Solutions

Cogent Communications has acquired the Internet service business of Fiber Network Solutions, a privately-held service provider based in Columbus, Ohio. FNSI provides Internet service to some 400 businesses located in Ohio, Michigan and Pennsylvania. As part of the deal, Cogent also acquired five colocation facilities. All customer traffic has been migrated onto Cogent's optical IP backbone. Financial terms were not disclosed.
http://www.cogentco.com

• In September 2002, Cogent acquired network assets in New York City from FiberCity Networks. The deal included FiberCity's customer base and its building access agreements.
• 
  In April 2002, Cogent Communications acquired a significant portion of the portfolio of real estate access agreements from OnSite Access, a BLEC communications provider that filed for Chapter 11 bankruptcy protection. Also that month, Cogent acquired a majority of the U.S. assets of PSInet for $10 million.

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Hanaro Says VDSL Rollout in Korea Leads to ADSL Churn

Korea's Hanaro Telecom reported a significant slowdown in its growth of broadband customers in Q4 2002 due to increased ADSL customer churn. Hanaro said KT's aggressive VDSL marketing beginning in Q3 led to a net decrease of 15,776 Hanaro ADSL subscribers. Hanaro is now offering a market leading VDSL service with a speed of 20 Mbps downstream and 6 Mbps upstream priced at KRW 56,000 per month (US$46). Hanaro is also preparing to launch a 50 Mbps VDSL service.

Hanaro's total broadband subscriber base at the end of Q4 was 2,877,526, an increase of 0.86% from 2,852,976 at the end of Q3. The proportion of subscribers for products such as Pro (up to 8 Mbps), Mid (up to 3 Mbps) and Lite (up to 1 Mbps) was 19.6%, 3.5% and 76.9%, respectively.


For 2002, Hanaro reported its first operating profit of KRW 6.1 billion (US$ 5.13 million), compared to its loss of KRW 165.2 billion in 2001. For Q4 2002, operating profit rose 47.8% to KRW 20.2 billion from KRW 13.6 billion in Q3.
http://www.hanaro.com

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