Thursday, June 19, 2003

DMT Line Coding Specified for VDSL Standard in North America

The T1E1.4 committee, which is part of The Alliance for Telecommunications Industry Solutions (ATIS), decided to specify only Discrete Multi-Tone (DMT) line coding in its American National Standard (ANS) for VDSL. The DMT modulation method will be specified in the American National Standard, and the Quadrature Amplitude Modulation (QAM) method will be specified in a Committee T1 Technical Requirement (TRQ).The decision follows the release of data from the "VDSL Olympics," a series of performance tests conducted by Telcordia Technologies and BT...

France Telecom Sells its 5% Stake in Sprint PCS for $330M

France Telecom sold 56 million Sprint PCS shares through a block trade on the New York Stock Exchange for US$330 million. With the sale, France Telecom finalized the divestment of its remaining 5.4% stake in Sprint PCS.htttp://www.francetelecom....

BellSouth to Offer Network Equipment Test Services

BellSouth is expanding its internal testing and assessment facility, BTAC, to include an outsourced service for test creation and execution for equipment suppliers and other service provider. Once a commissioned test has been completed, the client will receive a report documenting performance results that they can share upon request. The BellSouth Test and Assessment Center (BTAC) is located in an 85,000 square foot lab in Birmingham, Alabama. BTAC has 59 network specialists supporting the full range of fault insertion and recovery testing....

Riverstone Reports Quarterly Revenue of $12.7 Million, Possible Nasdaq Delisting

Riverstone Networks reported quarterly revenues of $12.7 million for the period ending 31-May-03, compared with revenues of $15.1 million in the prior quarter and $30.1 million for the same period last year. GAAP net loss for the first quarter was $19.1 million or $0.15 per share. This compares with a GAAP net loss of $40.6 million or $0.33 per share for the prior quarter.Riverstone announced that it has received a Nasdaq staff determination indicating that its common stock is subject to delisting from the Nasdaq Stock Market due to noncompliance...

Touch America Files for Chapter 11, Sells Unit to 360networks

Citing the difficult economic environment, Touch America and all is subsidiaries filed voluntary Chapter 11 petitions in bankruptcy court. The company has received a commitment for a Debtor-in-Possession credit facility for $5 million from WLR Recovery Fund II, LP, a fund managed by WL Ross & Co. Touch America is undertaking various cost cutting measures, including staff reductions, and said it is planning for the smooth continuation of its business.Touch America also announced the sale of its Private Line and Dedicated Internet businesses...