Arcadian Networks Raises More Funding for its 700MHz Network

Arcadian Networks, a privately held wireless telecommunications carrier, raised an additional $30 million of financing from lead investor Goldman Sachs for its IP-based, wireless broadband field automation services for the energy sector in rural America. Arcadian's deployment of a r700 MHz network has already begun in Minnesota with Great River Energy, a not-for-profit generation and transmission cooperative providing wholesale electric service to 28 distribution co-ops that serve more than 600,000 members or about 1.7 million people.Arcadian Networks...

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Alcatel-Lucent and NEC Selected for Asia America Gateway

Alcatel-Lucent and NEC were selected to jointly build a terabit-class submarine cable network between Southeast Asia and the U.S. The contract was valued at about US$500 million. The project is scheduled to be completed by late 2008.The Asia America Gateway (AAG) will span over 20,000 km linking Malaysia to the US via Singapore, Thailand, Brunei, Vietnam, Hong Kong, the Philippines, Guam, Hawaii and the West coast of the US.The turnkey contract was signed with a consortium formed by 10 parties including the Government of Brunei, AT&T (USA),...

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AT&T Opens New Office in Shenzhen, China

AT&T opened a new office in Shenzhen, China, seeking to strengthen sales support and customer care services to the increasing number of multinational enterprise customers in the southern region of China. The new office will join AT&T's three other offices in Beijing, Shanghai and Guangzhou in mainland China.AT&T has been providing communications services to China for more than 20 years. With the network interconnections agreements with China Telecom and China Netcom, AT&T has national coverage in more than 135 cities, serving more...

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Whitacre to Leave AT&T with $158 Million Pension, Stephenson Takes Control

Edward E. Whitacre Jr. will retire as AT&T's CEO and chairman of the board effective June 3. Randall L. Stephenson, AT&T's chief operating officer, will succeed Whitacre as chairman and CEO.Whitacre, 65, has been Chairman and CEO since 1990, when the company was Southwestern Bell, then the smallest of the so-called "Baby Bells." During his tenure, Whitacre led the company through a series of dramatic acquisitions and re-shaping the telecommunications...

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