Metalink's Chairman & CEO Acquires Additional Shares

Tzvi Shukhman, Metalink's Chairman and CEO, and a principal shareholder, has acquired an additional 364,700 shares of his company's stock in open market purchases during the last four months and a total of 1,335,932 shares since November 2001. Shukhman now holds about 31% of the company's outstanding shares. Metalink, which is based in Yokum, Israel, offers silicon for DSL, VDSL, SHDSL, and HDSLx equipment. http://www.metalinkDSL.comSeparately, Metalink announced the opening of a sales office in Seoul, Korea. An estimated 730,000 broadband lines...

Read More

Paradyne Announces a 12% Reduction in Force

Paradyne announced a 12% company-wide reduction in force, which affected 55 employees. The company supplies access solutions for broadband voice, data and video. Paradyne is based in Largo, Florida. http://www.paradyne....

Read More

TI Begins Shipping 802.11g to Customers

With the new IEEE 802.11g standard in place, Texas Instruments began shipping its 802.11g chipset solution to customers. Current TI customers, SMC Networks and U.S. Robotics, and new customers, NETGEAR, Samsung, and Sitecom, will be using TI WLAN technology for their 802.11g and multi-mode Wi-Fi products. http://www.ti.com/w...

Read More

New Video Distribution Satellite Launched for Japan

The Broadcasting Satellite System Corporation (B-SAT) of Japan successfully launched a new satellite aboard an Ariane 5 rocket from Kourou, French Guiana. The BSAT-2c satellite will operate in Ku-band frequencies and provide video distribution over Japan. The satellite was built by Orbital Sciences Corporation. http://www.orbital....

Read More

XO Proposes a Tender for Global Crossing Bank Debt

XO Communications said that it is prepared to launch immediately an "any and all" tender offer for the $2.25 billion of Senior Secured Global Crossing LTD Bank Debt. The tender offer would be priced at $210 per $1,000 of Bank Debt, or $472.5 million in the aggregate. XO said its offer is predicated on the termination of the Singapore Technologies Telemedia purchase agreement.On 30-May-2003, XO Communications offered to acquire all of the assets of Global Crossing for cash and securities valued at $700 million. In order to address concerns that...

Read More

IEEE Approves 802.11g Standard

The Institute of Electrical and Electronics Engineers (IEEE) ratified the 802.11g standard, providing a performance boost from peak transmission rates of 11 Mbps to 54 Mbps for wireless LANs operating in 2.4 GHz spectrum. The added transmission speed gives 2.4 GHz wireless networks the ability to serve up to four to five times more users than they now do. A new amendment to the specification allows 802.11g units to fall back to speeds of 11 Mbps, so 802.11b and 802.11g devices can coexist in the same network. The Wi-Fi Alliance will be announcing...

Read More

BT and Cisco Deepen their Relationship

BT and Cisco Systems agreed to more tightly align their technology, sales and marketing efforts in the UK and Europe. In particular, the companies will jointly promote converged IP based services, such as IP VPNs, IP telephony and broadband teleworking. The initiative addresses the European market with initial focus on the UK, Germany, Spain, Netherlands and Ireland. Highly targeted marketing campaigns have already been launched. http://www.cisco.com http://www.bt.comBT is using Cisco Systems' equipment for a new metro Ethernet and MPLS VPN based...

Read More

Federal Trade Commission Seeks Oversight Role in Telecom

The U.S. Federal Trade Commission, whose mission is to serve the nation's consumers, is seeking to eliminate an exemption that excludes common communications carriers from its oversight jurisdiction. The FTC Act of 1914 exempts common carriers from its prohibitions on unfair or deceptive acts or practices and unfair methods of competition.In testimony before both the Senate Commerce Committee and the House Energy and Commerce Committee, FTC Chairman Timothy J. Muris requested that Congress eliminate this special exemption for telecom carriers...

Read More

3Com to Trim 10% of its Global Workforce

3Com will cut 10% of its global workforce over the next two fiscal quarters. The decision will principally affect employment in the U.S. and the Europe/Middle East/Africa (EMEA) region, with the largest impact being felt at the company's Santa Clara, California location. 3Com said it intends to increase its sales, marketing and customer service capabilities. http://www.3com.comIn May, 3Com announced plans to move its senior executive team from locations in California and Illinois to its Marlborough, Massachusetts facility, which is currently...

Read More

SBC Offers Wi-Fi Integration for Schools, Hospitals

SBC Communications announced Wi-Fi integration services for vertical industry applications, such as schools and hospitals. The school WLAN integration service combines Cisco Systems' Aironet equipment, SpectraLink NetLink Wireless Telephones and SBC WAN connectivity. Wireless phones enable teachers and administrators, for example, to increase communications with parents and each other from anywhere on a WLAN-enabled school campus. They could also use the phones to text-message other teachers and administrators or to call 9-1-1. SBC cited a study...

Read More

CLEC Lines Increased by 14% during Second Half or 2002

Switched access lines served by competitive local exchange carriers (CLEC) in the U.S. totaled 25 million at end of 2002, representing 13% of total access lines in the country. The total number of CLEC end-user switched access lines rose by 14% in the second half of 2002, an acceleration in growth compared to the 10% rise for the first half of 2002. Other highlights of the newly released FCC report on local phone competition includes:at the end of 2002, there were some 163 million incumbent local exchange carrier (ILEC) switched access lines,...

Read More

NanoWave Announces Breakthrough for Nano-scale Manufacturing

NanoWave, a start-up spun out of M.I.T., announced a highly precise position measurement technology with approximately 13 picometers or 0.013 nanometers resolution. (A nanometer is one billionth of a meter or about the size of an atom. A picometer is 1000 times smaller than that.) The company said applications for this technology presently exist within semiconductor lithography and inspection, mass data storage such as optical disk mastering and magnetic disk servo writing, precision optics manufacturing (diamond turning), and optical fiber alignment....

Read More

Agilent Selects Sprint for Communications Services

Agilent Technologies selected Sprint to supply a full range of global communications services to help reduce its overall network costs. ATM will be used to transport a very high volume of data information to Agilent's field locations. In addition, Sprint's Frame Relay services will also be employed for global data transport and Sprint's Private Line services will be used for the core backbone. Financial terms were not disclosed. http://www.sprint....

Read More