Thursday, December 2, 2004

France Telecom divests its Stake in STMicroelectronics

France Telecom divested its 3.3% stake in STMicroelectronics through the sale of 30 million STMicroelectronics shares in a block trade transaction. France Telecom still owns 26.4 million shares underlying the bonds mandatorily exchangeable for STMicroelectronics shares due 6 August 2005. http://www.ft....

BT to take full Ownership of Italy's Albacom

BT reached agreement with its three joint venture partners in Albacom to increase its ownership in the company to 100%. Albacom is the second largest telecoms operator in the Italian business market, behind Telecom Italia, with an 11% share of the data services market. Albacom provides data transmission, voice and Internet services to more than 240,000 Italian businesses and to international companies active in Italy. In consideration for the 74% of Albacom not already owned, BT will pay to the other shareholders a minimum of EUR 116 million....

Juniper Scales Core Networks with its T-Matrix

Juniper Networks unveiled its TX Matrix platform, a central routing and switching element that enables its core T-640 router to scale to a multi-chassis design capable of delivering over three billion packets-per-second throughput. The new product, which is aimed at the core networks of the very largest IP backbones, enables multi-terabit scalability while preserving the existing platforms and routing code. Juniper's TX Matrix utilizes the same...

Intelsat Regains Control of Americas-7 Satellite

After a week of intensive recovery efforts, Intelsat regained contact and control of its Americas-7 satellite, which experienced a sudden and unusual electrical distribution anomaly on November 28.Service restoration is underway, with several key customers expected to be operational on 03-Dec-04. The exact cause of the anomaly is still being investigated, in cooperation with Space Systems/Loral, the satellite's manufacturer, and Loral Skynet, each of whom participated in the recovery effort. http://www.intelsat.c...

Native6 Offers IPv6 Training Programs

Native6, a privately-held professional training company based in Seattle, announced a comprehensive update to its "Building IPv6 Networks" course, the completion of a major IPv6 training program for Cisco Systems, the IPv6 Accelerate Program, and the availability of a new Native6 course, "IPv6 for Programmers". Over the course of 2003 and 2004, Native6 IPv6 experts delivered the Building IPv6 Networks course to several U.S. Department of Defense agencies including the Joint Interoperability Testing Command (JITC), the Army's Electronic Proving...

Supreme Court to Review “Brand X�? Cable Modem Decision

The United States Supreme Court agreed to review the 9th Circuit's "Brand X" cable modem decision. In a statement, FCC Chairman Michael K. Powell said "High-speed Internet connections are not telephones, and I'm glad the Supreme Court has agreed to review the 9th Circuit's ruling that they are. The 9th Circuit's decision would have grave consequences for the future and availability of high-speed Internet connections in this country. "http://www.fcc.govThe FCC's declaratory ruling, which was issued 15-March-2002, classified cable modem service as...

Alcatel, France Telecom and Deutsche Telekom Set Optical Record

Working under the framework of the TOPRATE European research project, Alcatel, France Telecom and Deutsche Telekom completed a successful field trial of terabit transmission capability over an existing fiber link. The goal of the research project is to investigate advanced ultra-high channel bit rate transmission technologies (170 Gbps or more per channel) and to demonstrate Terabit per second (1 000 Gigabits per second) network transmission capacity over installed fiber infrastructure. The trial resulted in a point-to-point ...

mmO2 Deploys 3G on Isle of Man with Lucent

mmO2's subsidiary, Manx Telecom, is deploying a 3G UMTS network on the Isle of Man using equipment from Lucent Technologies. The deployment will include HSDPA (high-speed downlink packet access) technology as well as Lucent's IMS (IP Multimedia Subsystem) solution. The HSDPA-enabled network will initially offer data speeds of 3.6 Mbps - a limitation of initial mobile device implementations - and ultimately will support data speeds of up to 14.4 Mbps. http://www.lucent....

Cogent to Acquire Verio's T-1 Internet access customers

Cogent Communications will acquire the majority of Verio's T-1 Internet access customers and associated equipment. The transaction includes more than 2,400 business customers. In the coming weeks, Cogent will begin migrating the 2,400 dedicated access customers to Cogent's 80 Gigabit Tier 1 optical backbone. Financial terms were not disclosed. http://www.cogentco.c...

Cogent 4th Anniversary of its Metro Ethernet Network

Cogent Communications marked the fourth anniversary of the lighting of its fiber optic network. Cogent has grown to serve over 5,000 business customers. This represents approximately 8% of all U.S. Internet traffic, based on a comparison of data with the Digital Technology Center at the University of Minnesota. Its 21,000 mile fiber optic IP network spans 11 countries on two continents. The ISP established a peering program to interconnect with approximately 650 other ISP networks. The company announced that it has directly connected the 1,000th...

MCI Agrees to Management Buyout of Brazilian IT Unit

MCI agreed to sell Proceda, its non-core IT outsourcing business in Brazil, in a management buyout transaction. Under the terms of the agreement, which is immediately effective, MCI is selling all of its shares in Proceda to the company's management and its partner Votorantim Novos Negocios for $3 million cash and the assumption of approximately $10 million in debt. http://www.mci....