Loral Files Chapter 11 Petition, Sells Six Satellites to Intelsat

Citing weakness in the commercial satellite business, Loral Space & Communications and certain of its subsidiaries filed voluntary Chapter 11 petitions. In a related transaction, Loral will sell six satellites and the rights to their orbital locations to Intelsat for up to $1 billion. Loral intends to reorganize around its remaining fleet of five satellites and its satellite manufacturing operations Loral will also continue to own and operate Space Systems/Loral (SS/L), which builds satellites and satellite systems for commercial and government...

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Quarry Technologies Names New CEO

Quarry Technologies, a start-up based in Burlington, Massachusetts, named Ian Mashiter as its new president and CEO. Quarry offers MPLS-enabled VPN security service routers. Quarry said that while MPLS VPN's are as secure as Frame Relay networks, some business customers demand additional security within the MPLS VPN. Quarry also sees a need for additional security when connecting remote and mobile users over the Internet to a corporate VPN. Prior to joining Quarry, Mashiter was a co-founder of Ennovate Networks, an IP edge routing venture....

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Agere Develops Chipset for Wi-Fi Phones, Partners with NTT

Agere Systems announced a new chip that integrates the company's WaveLAN Wi-Fi technology with VoIP . The chipset could be used for Wi-Fi phones featuring the same compact form-factor and low-power consumption of current handheld mobile devices. In addition, Agere has signed an agreement to incorporate NTT's Universal Plug and Play (UPnP) software into its wireless IP phone solution. As a result, Agere plans to offer a development platform and reference design for handset manufacturers that will enable phones to be built that are interoperable...

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Disney and NTT to Launch Broadband Service in Japan

NTT will begin providing Disney-branded services via the "FLET'S" broadband networks of NTT East and West this month. "DisneyBB on FLET'S" is an interactive online content service, exclusively available via a broadband connection, through which children and their parents can experience media-rich Disney entertainment and learning activities. Consumers will also have the option to subscribe for access to premium content through "DisneyBB on FLET'S." NTT's FLET'S portfolio includes both optical access and ADSL services. http://www.dig....

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Asia Netcom Deploys VoIP

Asia Netcom launched a wholesale, VoIP-based voice transport and termination service. Asia Netcom's Carrier Voice service utilizes the company's extensive sub-sea and IP networks leveraging its capability to offer five classes of service over IP VPN. The company uses traffic policing and shaping to provide toll quality voice solutions with PSTN connectivity. Asia Netcom said it operates one of the largest Cisco Powered (Carrier Voice) networks in Asia Pacific. Asia Netcom's Carrier Voice service is currently available in Australia, Hong Kong,...

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Fiberlink Raises $50 Million for its Policy-based Remote Access

Fiberlink Communications, a provider of policy-based remote access solutions for the enterprise market, secured $50 million in funding from Technology Crossover Ventures (TCV). Fiberlink's policy-centric platform and service integrates applications, multi-network redundancy and end-to-end security. The company plans to use the funds to further its technology development and acquisitions, and repurchase certain previously issued preferred shares. Previous investors in Fiberlink include Goldman Sachs, GE Equity, Edison Venture Fund and NewSpring...

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Tata Power Deploys ECI Telecom's XDM Optical

India's Tata Power Company has deployed ECI Telecom's XDM multi-service optical platform within its DWDM backbone. A number of XDM platforms have been successfully installed and are currently running live traffic within Tata's telecommunications infrastructure. Further network expansion is expected in the near future. http://www.ecitele....

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Hong Kong Bank Replaces Frame Relay Net with Metro Ethernet

Hong Kong's Dah Sing Financial Holdings (DSFH) is using Cisco Systems' metro Ethernet equipment to link 43 of its branches and subsidiaries. The new infrastructure replaces an existing Frame Relay network. DSFH is using IP VPNs and intends to introduced a new company-wide customer relationship management (CRM) program. http://www.cisco....

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Lucent Warns of 18% Drop in Revenues

Lucent Technologies expects revenues for Q3 2003 to decline 18% from the $2.4 billion in sales reported in the previous quarter. Lucent blamed nearly all of the drop in sales on its Mobility business, which experienced "reduced spending in North America and an unexpected network acceptance delay." The company expects a net loss of six to eight cents per share in Q3, and anticipates continued uncertainty in the market, particularly in Mobility. Lucent will report final results on 23-July-2003. http://www.lucent....

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Paradyne Offers EtherLoop2 Technology Assets For Sale

Paradyne Networks will discontinue development of its EtherLoop2 product and is offering the related EtherLoop2 technology assets for sale. Paradyne will continue to develop and support the current EtherLoop product line. http://www.paradyne.comIn June 2003, 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.In May 2002, Paradyne Networks acquired substantially all the assets and intellectual property...

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Com21 Files Voluntary Chapter 11

Com21, a supplier of cable broadband access equipment, voluntarily filed for protection under Chapter 11 of the U.S. bankruptcy code. The company intends to use the Chapter 11 process to restructure its operations. It plans to sell certain key assets including the DOCSIS CMTS product line and Com21's Irish subsidiary to ARRIS International, while retaining selected employees to facilitate the sale of those assets. http://www.com21....

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Dorado Software Provides Management. Application for Juniper Gear

Dorado Software, a start-up based in Folsom, California, announced a network control and management product package for providing access and control of Juniper-specific network device types, including Juniper's E-, M-, and T- series routing platforms. Dorado's Redcell Network Services -- Juniper Edition provides management and control functions necessary to ensure the delivery of services traversing a Juniper Networks-based network infrastructure. These functions include discovery, network resource inventory, topology, alarm monitoring and OSS...

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MCI Issues May 2003 Monthly Operating Results

MCI recorded $2.034 billion in revenue during May 2003 versus $2.05 billion in April 2003, according to its latest report filed with the U.S. Bankruptcy Court. Operating income in May was $116 million versus $114 million in April. CAPEX for May was $90 million, including $73 million for PP&E and $17 million for related software. MCI ended May with $4.2 billion in cash on hand, an increase of approximately $500 million from the beginning of the month. The company said it was making steady progress financially. http://www.mci....

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EchoStar Deploys Marconi in Video Transport Network

EchoStar Communications Corporation awarded a contract to Marconi to supply a Distributed Protection Switching solution for EchoStar's video transport network. Equipment purchased by EchoStar includes Marconi's ASX-4000 40 Gbps switch-router, TNX-1100 10 Gbps and TNX-210 2.5 Gbps switch-routers and ForeThought system software. Marconi said its Distributed Protection Switching provides circuit, source device, destination device and edge switch node protection that is more resilient and significantly less expensive than SONET automated protection...

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Deutsche Telekom Selects Marconi to test Optical Network Vision

Deutsche Telekom is using Marconi's wavelength division multiplex (WDM) systems to form the backbone of a research project that demonstrates its vision of a network of the future, called the Global Seamless Network (GSN). The Marconi SmartPhotoniX Multi-Haul DWDM platform will demonstrate the GSN ultra-long-haul transmission capabilities, employing existing fiber between the city of Berlin and the city of Darmstadt. In addition, the use of Marconi's GMPLS-enabled, integrated WDM transport and switching node will help Deutsche Telekom demonstrate...

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CDMA2000 Global Subscriber Base Reaches 50 Million

The CDMA2000 global subscriber base surpassed 50 million in May 2003, according to The CDMA Development Group. There are 53 commercial networks in 29 countries on six continents and approximately 17 more networks are scheduled for deployment in the second half of 2003. The number of CDMA2000 subscribers grew by 18 million in the first five months of 2003. The largest market for CDMA2000 is in Asia. In Japan, KDDI is adding an average of 600,000 CDMA2000 subscribers per month and expects that 90% of its customers will have migrated to its CDMA2000...

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XO Provides Co-Branded Hosting with Z-Tel

XO Communications will provide a co-branded hosting solution to Z-Tel Technologies. The hosting platform supports numerous hosting customers on a cluster of servers designed for superior network availability.Separately, Z-Tel Technologies expanded its Business Services Suite to include managed local, broadband, email and hosting services. Z-Tel recently signed a three year contract to provide approximately half of Darden Restaurants' North American locations with local telecommunications services. The agreement encompasses approximately 3,200...

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