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Articles published in August 2001

Lucent Promotes Kritzmacher


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August 31, 2001 : ... which is still legal in the state of N.J.

FBR Expands Coverage


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August 31, 2001 : Friedman Billings Ramsey & Co. initiates coverage of Ciena, Juniper, and Lucent with Underperform ratings

Component Insights Has Some


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August 31, 2001 : Announces ProteOSS Integration Product Suite, a frameworks solution for telecommunications industry providers

Teleglobe 'Revectors' 450 Jobs


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August 31, 2001 : To eliminate approximately 20 percent of its workforce and take a Q3 restructuring charge of $70 million to $90 million

Fitch Cuts Corning


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August 31, 2001 : Fitch has lowered Corning's senior unsecured debt to A- from A, the convertible preferred stock to BBB+ from A-

MFN Secures Vendor Financing


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August 31, 2001 : Has executed a commitment letter for $235 million of vendor financing

Advanced Lighting Has WDM Filter


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August 31, 2001 : Company also announced a new product for the metro market, its IsoPower Fiber Collimator

OSI Fibercomm Ships 10-Gig Chip


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August 31, 2001 : Introduces 10-Gbit/s indium gallium arsenide (InGaAs) photodetector

Terabeam Enters Dallas


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August 30, 2001 : Dallas will be the third US market to receive Terabeam's free-space optics service

Tellabs Sues Riverstone


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August 30, 2001 : Tellabs: We sued first!

Intel Outlines Cost Reduction


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August 30, 2001 : Ways for businesses to reduce their infrastructure costs while supporting ever-increasing demands for performance and bandwidth

Japanese School Picks Nortel


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August 30, 2001 : The University of Tsukuba has selected Nortel Networks to build the first university optical network in Japan

Opnet Joins Juniper Group


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August 30, 2001 : Has joined the Juniper Networks IP OSS Alliance (IOA) program

Stratos Reports on Q1


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August 30, 2001 : The net loss for the first quarter on a pro forma basis was $3.7 million, or $0.06 per share

Sichuan Unicom Selects Alcatel


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August 30, 2001 : Alcatel has signed a $20 million contract with Sichuan Unicom for transmission network expansion

Report: China Transport Thriving


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August 30, 2001 : China's optical transport market is on track to reach $1.9 billion for the full year, according to a recent report by RHK

Corning to Layoff 1000 More


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August 30, 2001 : Company says fiber shipments will decline in second half

Riverstone Sues Tellabs


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August 30, 2001 : Alleges Tellabs failed to make its minimum purchases pursuant to the Strategic Alliance Agreement between Riverstone and Tellab

Nortel Runs Ring Around Brazil


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August 30, 2001 : Nortel Networks delivers 3,000-kilometer, 10-Gbit/s optical ring for Brazil's Embratel

Sorrento Intros Automation Ware


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August 30, 2001 : Sorrento Networks introduces TeraConfigurator software to simplify carrier optical network planning and design

Tropic Names Sales Boss


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August 30, 2001 : David Grimes hired as the Company's new senior vice president of sales and marketing

Chastelet Joins Fiberspace Board


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August 29, 2001 : Digital Lightwave's chairman, president, and CEO, Gerry Chastelet, has been elected to the board of directors for Fiberspace

Redback Hires DeNuccio


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August 29, 2001 : Former senior Cisco executive Kevin DeNuccio has joined Redback Networks as president and chief executive officer

Acorn Ships Widget, Picks CEO


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August 29, 2001 : Announces delivery of its genFlow OC48c traffic management co-processor; Eric Broockman named president and CEO

Cogent, Allied Riser to Merge


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August 29, 2001 : Companies have entered into a definitive agreement for the acquisition of ARC by Cogent

Xanoptix Goes With Mapics


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August 29, 2001 : Mapics Inc. announces software license and professional services agreements with Xanoptix

Cable Spans Pacific


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August 29, 2001 : Japanese expected to embrace Doogie Howser reruns

Sphera Unveils Trading Scheme


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August 29, 2001 : Sphera's MetroHub solution provides a delivery mechanism for traded long-haul bandwidth

Mindspeed Passes Ethertest


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August 29, 2001 : Conexant subsidiary demos feasibility of Xaui 10-Gig Ethernet technology and interoperability with Blaze and Alvesta optical modules

AIFOtec Makes a Switch


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August 29, 2001 : AIFOtec 1x2 fiber optic switch is designed for use in configurable add/drops using singlemode fiber

Alcatel Helps Storm Storm US


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August 29, 2001 : Storm Telecommunications extends its pan-European network to the US with the Alcatel 1000 International Gateway Exchange

Navini Nabs $51 Million


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August 29, 2001 : New round of financing for broadband technology startup was led by Sternhill Partners

Peribit Borrows From Biology


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August 29, 2001 : Methods used to decode the human genome reveal that more than 70 to 90 percent of WAN traffic is littered with repetitive data

MEMS Gains Momentum


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August 29, 2001 : Sales of MEMS for use in optical networking will rise from $67M in 2001 to $2.3B in 2005, according to Cahners In-Stat

ITF Pumps It Up


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August 29, 2001 : ITF Optical Technologies launches its All-FiberT 980 nm Polarization Pump Combiner

Siemens, AT&T Expand Agreement


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August 29, 2001 : Siemens expands global network outsourcing agreement with AT&T to include North America

Lucent Hires Some Management


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August 29, 2001 : Global trade management firm Vastera enters into $25 million agreement with Lucent Technologies to manage its trade operations

Ex-Bay CEO Joins Atrica Board


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August 29, 2001 : Former Bay Networks CEO Andy Ludwick joins Atrica board of directors

Baynet Names Sales Chief


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August 29, 2001 : Peter Sakurai named director of international sales

Pangea Wins Swedish Deal


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August 29, 2001 : Has secured a contract to supply high-capacity network infrastructure to Tiscali Sweden

Optillion Appoints a CFO


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August 29, 2001 : Lars Carlson joins the company from XponCardGroup (formerly Graphium) where he was CFO

Finisar Reports on Q1


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August 28, 2001 : Revenues for Q1 2002 of $34.2 million were in line with expectations, up 26% from Q1 2001 but down sequentially by 35%

Comcast Lights Detroit Building


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August 28, 2001 : To provide high-speed Internet access via Comcast's fiber optic service, as well as Web hosting and other data services

FTTH Council Convenes


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August 28, 2001 : Fiber-to-the-Home Council elects eight members to its board of directors at its first meeting

Pooling Point Provider Picks Perone


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August 28, 2001 : LighTrade Inc. announces the appointment of Kathleen Perone as its chief executive officer

Power X Unmasks Interface


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August 28, 2001 : Fully validated interface for the Intel IXP1200 network processor reduces development time for intelligent, multiservice platforms

Onetta Has Moved


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August 28, 2001 : Moves into new 52,000-square-foot corporate headquarters to increase production capabilities and accommodate business growth

FiberCity Offers Bargain DWDM


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August 28, 2001 : FiberCity Networks launches breakthrough metro DWDM system built for less than 10 percent of the cost of other systems

Kennedy Lands at Openwave


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August 28, 2001 : Kevin Kennedy, former senior VP at Cisco Systems, joins Openwave today as COO

Qwest Allies With Loudcloud


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August 28, 2001 : Qwest Communications and Loudcloud form strategic alliance to deliver full suite of managed Web hosting services
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