Telecommunications equipment industry
ECI Telecom has announced a significant contract with MGTS, Moscow City Telephone Network, for the supply of SDH equipment valued at US $20 million. This contract marks one of the largest SDH orders received in Russia and will enable the development of a sophisticated telecommunications network in Moscow. The new
Telecommunications equipment industry
Lucent Technologies, a leading player in the telecommunications industry, has chosen Prescient Technologies' DesignQA application to ensure the quality of its CAD/CAM models and drawings for various products. This selection is a significant step towards improving design quality and reducing costs for the manufacturing process. DesignQA will be
Telecommunications equipment industry
The Horn Group, Inc., a prominent high technology public relations firm, has announced its partnership with San Jose-based Aspect Telecommunications, a global provider of integrated mission-critical call center solutions. This new partnership marks a significant addition to The Horn Group's growing list of clients, with Aspect Telecommunications being
Telecommunications equipment industry
Austin, Texas, is witnessing a surge in technological advancements, as evidenced by recent major acquisitions and investments in the city. ViaVideo, a local video conferencing firm, was acquired by Polycom Inc. in a stock exchange valued at $54 million. This acquisition solidifies Polycom's presence in the market, while
Telecommunications equipment industry
Americans made a staggering $252.5 billion in new investments in long-term mutual funds in 1997, surpassing the previous record of $243.4 billion set in 1993. This growth was predominantly driven by the resurgence of the market for bond funds, which experienced further expansion. The Investment Company Institute reported
Telecommunications equipment industry
Alcatel and MCI have agreed to extend through 1998 a purchase agreement worth in excess of $100 million, giving MCI the opportunity to acquire a wide range of Alcatel network technologies. This contract extension also solidifies the existing pricing relationship between the two companies and ensures that MCI will continue
Telecommunications equipment industry
Alpine Group, Inc., a diversified manufacturing business with over $500 million in annual revenues and 2,400 employees, has announced the appointment of Stewart H. Wahrsager as Senior Vice President - General Counsel and Corporate Secretary. This move strengthens the company's management structure, compliance, and control, aligning with
Telecommunications equipment industry
Continental Cablevision, California's second-largest cable-television operator, has received approval from the California Public Utilities Commission to offer local telephone service in 10 California counties. The company plans to begin testing telephone services in Southern California starting in the third quarter of 1996, with a statewide rollout scheduled for
Telecommunications equipment industry
US FAX, a pioneer in enhanced telecommunications networks, has announced a groundbreaking OEM agreement with Netscape Communications Corp. to bundle Netscape's Navigator client software with US FAX's NetFocus VM Modules. This partnership seeks to revolutionize the Internet browsing experience by providing a fast and efficient way
Telecommunications equipment industry
Telefonica de Argentina S.A. and CTC (Compania de Telefonos de Chile) have submitted letters-of-intent to Ericsson for the delivery and installation of AXE digital switching systems and energy systems for their fixed telecoms networks. The contracts, worth approximately $78 million, will see Ericsson's Spanish subsidiary, Ericsson S.
Telecommunications equipment industry
NYNEX, a global communications and media company, has announced near-final agreements with Northern Telecom (Nortel) and AT&T Network Systems for ISDN (Integrated Services Digital Network) hardware and software equipment. The multi-year arrangements, valued at several hundred million dollars, aim to deploy one million lines over the next five
Telecommunications equipment industry
First Union Corporation, the ninth largest bank holding company in the nation, has placed large orders for InterVoice systems and software with Sprint, an InterVoice Value Added Reseller. The contract calls for the delivery of more than 30 InterVoice interactive voice response systems within the next 12 months, with over
