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Articles published in December 2001

Digital Teleport Goes Chapter 11


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December 31, 2001 : Files voluntary reorganization; obtains $5 million financing

Banks Give GX a Waiver


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December 31, 2001 : Agreement between Global Crossing and the banks provides for a waiver of certain financial covenants through February 13, 2002

MRV, Luminent Finalize Merger


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December 31, 2001 : Became effective on December 28, 2001

Paradyne Gets Elastic


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December 28, 2001 : Paradyne Networks to acquire Elastic Networks in a deal valued at approximately $28.8 million

Telia Sells Orbiant Group


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December 28, 2001 : Finalizes the agreement with Flextronics Network Services covering the sale of six companies belonging to the Orbiant Group

Opnet Names CFO


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December 27, 2001 : Joseph Kuhn has joined the company as chief financial officer

SBC Tears Off a Piece of Yahoo!


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December 27, 2001 : Yipee-ti-yi-oh!

SwitchCore Deals With Its Issues


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December 27, 2001 : Will start delivering devices in production volumes to customers about to launch their switches and routers

Verizon Touts NJ Investment


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December 26, 2001 : Investment in New Jersey communications network tops $1 billion this year; expects to offer long-distance service in 2002

Sanmina Appoints


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December 26, 2001 : Promotes company veterans to new positions; announces resignation of Robert Bradshaw, former president and general manager

Thermo Electron Buys Spectra-Physics


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December 24, 2001 : Thermo Electron Corp. has successfully completed its cash tender offer of $17.50 per share for Spectra-Physics Inc.

Accelerated, Occam File for Merger


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December 24, 2001 : Accelerated Networks and Occam Networks file S-4 registration statement pursuant to the proposed merger of the two companies

Lucent Unloads Customer Care


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December 24, 2001 : CSG Systems International to acquire Lucent Technologies' billing and customer care assets for approximately $300 million in cash

ATV Launches $800M Fund


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December 24, 2001 : Advanced Technology Ventures announces $800 million fund to invest in emerging IT and healthcare technology companies

EDS Takes Over Alcatel 's IT Services Unit


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December 24, 2001 : Acquisition of Ansaware will result in EDS providing IT services to Alcatel and other French companies

Lucent Sells Software Unit for $300m


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December 22, 2001 : CSG buys Lucent's billing and customer care assets for about $300 million in cash

KPNQwest Touts VPN Wins


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December 21, 2001 : According to survey from consultancy BRC, company is winning 50% of all current bids to implement new IP VPNs

Consortium Runs Ring Around Asia


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December 21, 2001 : Submarine cable system connects China, Hong Kong, Japan, Korea, Malaysia, Philippines, Singapore, and Taiwan

Marconi Gets out of Washing Machines


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December 21, 2001 : To sell its 50 percent share in General Domestic Appliances Holdings Ltd. to Merloni Elettrodomestici SpA for US$173 million

Zygo Lowers Outlook


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December 21, 2001 : Now expects 2Q02 sales to be in the range of $18 to $20 million with a loss per share of between $0.29 and $0.33

Global Crossing Nixes Loan


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December 21, 2001 : Asia Global Crossing Ltd. has requested a loan of $400 million; Global Crossing is not prepared to make it

Nortel Offers Updates


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December 21, 2001 : Provides update on fourth quarter of 2001; also announces amendments to certain committed credit facilities

360networks Gets Extensions


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December 21, 2001 : US Bankruptcy Court approves a 6-month extension of a cash collateral order; Supreme Court of BC extends the time to file a reorg plan

CableLabs Certifies Seven


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December 21, 2001 : Ambit, Arris, Ericsson, Scientific-Atlanta, Tellabs, Toshiba, and Texas Instruments receive DOCSIS certification from CableLabs

Fitch Remains Negative


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December 21, 2001 : AT&T and Comcast remain on Rating Watch Negative as their merger proceeds

MRV Reaffirms Guidance


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December 21, 2001 : Reaffirms its increased revenue guidance (excluding Luminent) of $54-$58 million for the fourth fiscal quarter ending December 31, 2001

Applied Materials Boasts Sales


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December 20, 2001 : Applied Materials' TEOS FSG low k film gains broad acceptance for volume manufacturing of copper chips

Pittsburgh Libraries Get Yiped


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December 20, 2001 : Yipes has completed Phase I of a 250-mile optical data network linking libraries across Allegheny County

New Focus Adds to Board


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December 20, 2001 : Don G. Hallacy and Dr. Peter F. Bordui have joined the company's board of directors

Light Reading Displays Privates


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December 20, 2001 : Revises Top Ten Private Companies list; Unisphere named most likely IPO candidate

Stocker Yale Polarizes


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December 20, 2001 : Polarization maintaining fiber is available in operation wavelengths in the range of 850nm to 1550nm

Agilent Oscillates


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December 20, 2001 : Introduces surface-mount, voltage-controlled oscillators for 40-Gbit/s networking systems

JDSU to Buy IBM Transceiver Division


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December 20, 2001 : JDS Uniphase Corp. has agreed to purchase the optical transceiver business of IBM for $340 million in cash and stock

Marconi Dumps Petrol


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December 20, 2001 : Sells Marconi Commerce Systems, a supplier of fuel dispensing equipment, to Danaher Corp. for $325 million

Juniper Warns


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December 20, 2001 : Expects revenue for the fourth quarter of 2001 to be approximately $150-155 million, down from the original guidance of $200 million

Siemens, Pirelli Combine in Sumatra


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December 20, 2001 : Install new submarine and terrestrial fiber optic backbone in Sumatra – order worth more than $62.8 million

ElectroniCast Celebrates 20th Birthday


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December 20, 2001 : ElectroniCast was founded in 1981 to meet the information needs of communication industry planners and related suppliers

HP, Net Insight Join on Video


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December 20, 2001 : Become partners in the introduction of a new system for high quality video conferencing

Zolo Zmuxes


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December 20, 2001 : Delivering passive Zmux thermally compensated (PTC) multiplexers and demultiplexers

Riverstone Reports Record Q3


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December 19, 2001 : Reports revenues of $60.1 million for its fiscal third quarter 2002, a 124 percent increase compared with the same period last year

IBM Gets IP Infusion


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December 19, 2001 : IP Infusion's ZebOS Advanced Routing Suite has been ported to the IBM PowerNP NP4GS3 network processor

Boffins Set a Record


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December 19, 2001 : Researchers at the University of Essex claim a world record for the amount of computer data sent over a single multimode optical fiber

Alcatel CIT Laying Off


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December 19, 2001 : Je te couperai le job!

Broadcom Adds to Processor Suite


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December 19, 2001 : Highly integrated BCM112x products scale up to 1 GHz with power consumption starting below 4 Watts

PMCS & TSMC OEM CMOS SOC


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December 19, 2001 : PMC-Sierra and Taiwan Semiconductor Manufacturing Co. collaborate to develop system-on-chip products with higher levels of integration

Peribit Scores in Korea


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December 19, 2001 : Leading Korean systems integrator to distribute Peribit's WAN optimization products to Korea's enterprise market

Vpacket Teams With CommWorks


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December 19, 2001 : To develop cost-effective, revenue-generating technologies for delivering converged networks to the enterprise

Telecom Outlook Report Published


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December 19, 2001 : New report from the IEC identifies potential growth areas in the rapidly changing telecommunications environment

GiantLoop to Sell ConEd Fiber


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December 19, 2001 : GiantLoop will resell ConEd Communication's dark fiber in NYC and surrounding areas

Cisco Goes European


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December 19, 2001 : Tiscali, the leading pan-European Internet communication company, will implement Cisco's MPLS technology
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