Expansion of Telecommunications Infrastructure in the US
Tellabs, a leading telecommunications company, has partnered with Cable & Wireless North America to deliver integrated voice, data, video, and Internet services over a single fiber-optic network. This expansion of their existing contract will enable Cable & Wireless to cater to the growing Internet needs of its business customers in 60 metropolitan areas throughout the United States. Meanwhile, Lucent Technologies has signed a strategic agreement with Tele1 Europe to install a high-speed broadband access network, worth between $29.2 million and $70 million over the next three years. Additionally, Borg-Warner Automotive has appointed Lawrence Skatoff as its new executive vice president and chief financial officer.
Key Takeaways:
- Tellabs has partnered with Cable & Wireless North America to deploy two digital cross-connect telecommunications systems, expanding their existing multimillion-dollar contract.
- The partnership aims to deliver integrated voice, data, video, and Internet services over a single fiber-optic network to meet the growing Internet needs of business customers in 60 US metropolitan areas.
- Lucent Technologies has signed a preferred supplier agreement with Tele1 Europe to install a high-speed broadband access network, with a projected value of between $29.2 million and $70 million over three years.
- Work on Tele1's network installation is scheduled to begin in January 2020.
- Lucent's operations are based in Naperville and Lisle, while Cable & Wireless is headquartered in Vienna, Va.
- Borg-Warner Automotive has appointed Lawrence Skatoff as its new executive vice president and chief financial officer, replacing the existing position.
- Jeffrey Obermayer has been named vice president and treasurer, having held the position of treasurer since June.
Statistics:
- The partnership between Tellabs and Cable & Wireless North America will cover 60 metropolitan areas throughout the United States.
- The projected value of the Lucent-Tel1 agreement is worth between $29.2 million and $70 million over three years (2020-2023).
- Tele1's service area covers Sweden, Norway, Denmark, and Finland.
- Lawrence Skatoff has been appointed as the new executive vice president and chief financial officer, at the age of 60.
- Jeffery Obermayer has been serving as treasurer since June, and has been appointed vice president and treasurer.
Sources:
- "Tellabs: Cable & Wireless Chooses Tellabs for Mass Interconnect Solution" (No date listed), retrieved from [1]
- "LUCENT TECHNOLOGIES SIGNS STRATEGIC AGREEMENT WITH TELE1 EUROPE" (January 3, 2000), retrieved from [2]
- "Borg-Warner Promotes Two Executives" (No date listed), retrieved from [3]