Telecommunications equipment industry
Existing home sales declined 4.0 percent in May to a seasonally adjusted annual rate of 5.04 million, according to the National Association of Realtors. The median national sales price was $133,100 in May, up from $130,700 the previous month and $128,900 a year earlier. Meanwhile,
Telecommunications systems
In a significant move, First Maryland Bancorp has renamed its flagship bank, Bank of Pennsylvania, to Allfirst Bank. This change is part of the company's effort to unify its seven banks under a single brand. The transition is expected to take six months, with the Allfirst name appearing
Telecommunications equipment industry
Lucent Technologies Inc. and Level 3 Communications Inc. have formed a significant partnership for the transmission of phone calls using Internet technology. This deal marks a major step forward for Level 3, which plans to use a pure Internet approach to deliver phone calls, video signals, and Web pages. Level
Telecommunications systems
CommunicAsia '99, the largest IT trade show in Asia, kicked off in Singapore this week, showcasing a vast array of cutting-edge communications technologies to nearly 27,000 industry executives. The exhibition features 900 participating companies from 40 countries, including industry giants like Lucent Technologies, Cisco, and Alcatel, alongside small
Telecommunications equipment industry
Lucent Technologies, a leading provider of public and private networks, communications systems, and software, is using CoWare's N2C design software to significantly reduce system-on-a-chip (SOC) design time. In addition to using CoWare N2C, Lucent plans to integrate its processor cores into the CoWare N2C system, enabling customers to
Telecommunications systems
A highly infectious virus, known as "ZippedFiles" or "Worm.ExploreZip," has been wreaking havoc on computer systems and email servers at several prominent companies, including Microsoft, Intel, and NBC. This virus, which arrives as an email with a seemingly innocuous message, has been spreading rapidly, destroying
Telecommunications systems
Lucent Technologies Inc. secured a series of significant contracts in North America and Europe, totaling more than $300 million, to provide its TrueWave Reduced Slope fiber to Metromedia Fiber Network Inc. and PF.Net. Meanwhile, Apple Home Health Inc. sold its Apple at Your Service unit to LifeStyle Options Inc.
Telecommunications equipment industry
Sunbelt Telecommunications, a certified woman-owned business based in Allen, Texas, has signed a one-year, multimillion-dollar contract with AT&T, covering inventory management and just-in-time delivery services of switching equipment manufactured by Lucent Technologies. This significant agreement marks a major milestone for Sunbelt, exceeding $100 million in annual revenues for
Telecommunications equipment industry
Lucent Technologies has announced the launch of new PacketStar AC products, which provide carriers with the ability to expand their call capacity by eight times while delivering toll-quality voice over ATM networks. The new platforms, AC 230 and AC 20, offer end-to-end support for AAL2, a new industry standard for
Telecommunications equipment industry
Africa ONE, a major independent telecommunication network, was announced in June by S. G. Fassoulis, chairman, Africa ONE, Ltd. The network will link the countries of Africa to one another and to growing global broadband telecommunication networks. Africa ONE, Ltd. will develop and own the state-of-the-art undersea fiber optic system,
Telecommunications systems
Deutsche Telekom AG has selected Ascend's market-leading MAX TNT WAN access switch to systematically expand its dial-in access ports across Europe to meet the needs of its fast-growing on-line customer base. The MAX TNT will be used primarily to expand the Points of Presence (PoPs) of Deutsche Telekom&
Telecommunications systems
Lucent Technologies, a leading communications company, has announced the development of a revolutionary voice over IP (VoIP) technology that enables wireless local area networks to carry voice calls with unprecedented quality. This innovative technology, developed by Bell Labs, will allow businesses to deploy converged voice and data applications on wireless
