Telecommunications equipment industry
CapRock Communications, Corp. has agreed to purchase more than $13 million worth of advanced telecommunications switching systems from Nortel Networks, enabling the company to provide integrated communications services in Houston and neighboring areas. The purchase allows CapRock to deliver local and long-distance services, as well as Internet and data connectivity,
Telecommunications equipment industry
Lucent Technologies, a leading telecommunications company, has partnered with Pensat International Communications, a rapidly growing facilities-based carrier, to expand Pensat's Global Network Consortium. The partnership will see Lucent's PacketStar access concentrator, version 4.0, deployed in 30 locations across the United States and several cities globally.
Telecommunications equipment industry
The Department of the Navy has exercised a $12-million option for the supply of Mod 4 Upgrade Kits for the Navy's MK 105 Airborne Mine Countermeasures (AMCM) Systems, marking a follow-on to the basic contract announced in July 1998. EDO's Marine and Aircraft Systems unit will
Telecommunications equipment industry
A visit to Tokyo's Akihabara district showcases the progression of flat-screen display technology, with companies like Sharp, Pioneer, and Fujitsu marketing flat-screen televisions, although at a high cost of around £10,000 each for larger displays. Various technologies are competing for dominance, including gas-plasma and liquid crystal display
Telecommunications equipment industry
Lucent Technologies, the spinoff from AT&T in 1996, has taken a significant step in its growth strategy by acquiring Ascend Communications Inc. for $19.7 billion. The move is expected to make Lucent a more formidable player in telecommunications technology. The acquisition is a strategic move to strengthen
Telecommunications equipment industry
Lucent Technologies is poised to announce a merger with its smaller rival, Ascend Communications, in a deal that could be valued at more than $16 billion. The prospective deal, long rumored, would see Lucent, with a market capitalization of about $152 billion, acquire Ascend, valued at approximately $15.5 billion.
Telecommunications equipment industry
Cisco Systems, Inc. and General Instrument Corporation have announced plans to work with AT&T on a non-exclusive basis to develop a seamless, end-to-end Internet Protocol (IP) solution that would enable AT&T to offer data, voice, and video services over its hybrid fiber-coax network. The proposed solution
Telecommunications equipment industry
Metromedia Fiber Network, a leading provider of dark fiber infrastructure, has announced separate agreements with PSINet and AboveNet, totaling over $50 million. These agreements will enable both internet service providers to access key Tier One markets quickly and cost-effectively, solidifying Metromedia Fiber Network's position as a major player
Telecommunications systems
Lucent Technologies Inc. is expanding its operations in Ontario, with plans to increase its workforce to 850 employees. This comes as the company has tripled its employee base in Canada over the past two years, investing 170 million Canadian dollars in products and services in Canada over the same period.
Telecommunications systems
Xylan Corp.'s OmniSwitch network upgrade has been successfully installed at over 40 US military hospitals, expanding network throughput and flexibility. The installations, carried out by the Tri-Services Infrastructure Management Program Office (TIMPO) in coordination with the US Army, SAIC, and Force3, will boost network performance and make them
Telecommunications equipment industry
Budget Rent a Car Corp., a prominent car rental company, has been charged with racial discrimination against African American customers based on information uncovered in a 1997 class-action lawsuit. The lawsuit, filed by the Detroit law firm Charfoos & Christensen, alleged that Budget's car rental rates were higher
Telecommunications equipment industry
U.S. share prices surged on Monday, defying concerns over the President's impeachment and war in Iraq, as investors became increasingly optimistic about the holiday season. Market analysts pointed to an end to the House's impeachment hearings and a decline in concerns about the war as
