Global Crossing Completes ILEC Sale
News Wire Feed -
June 29, 2001 : Sale to Citizens Communications is expected to give Global Crossing after-tax proceeds of more than $3 billion
AFOP Drops
News Wire Feed -
June 29, 2001 : Revenues and earnings for the second quarter ending June 30, 2001, will be lower than previously estimated
PMC-Sierra Lowers Outlook
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June 29, 2001 : Reducing its Q2 revenue guidance to $93-$95 million and its pro forma net loss per share to 7-9 cents
TollBridge Takes In $22 Million
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June 29, 2001 : Round 4 includes Matrix Partners, Meritech Capital Partners, Sutter Hill Ventures, TeleSoft Partners, and WorldView Technology Partners
Ocular Names Tech Advisor
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June 29, 2001 : Ocular Networks appoints Dr. Bijan Jabbari to its technical advisory board
Infinite Hires Brains Boss
News Wire Feed -
June 29, 2001 : Dr. Richard Stoltz has been named Director-Intellectual Property Development for Infinite Photonics
360networks Files for Bankruptcy
News Wire Feed -
June 29, 2001 : Has filed for protection under the Companies’ Creditors Arrangement Act in Canada and Chapter 11 of the U.S. Bankruptcy Code
Oplink Offers Fused Fiber Products
NFOEC Newswire Feed -
June 28, 2001 : Ultra-low insertion loss 980/1550nm WDMs and ultra-low loss extended band tap couplers and splitters
West Bay Intros Processor
News Wire Feed -
June 28, 2001 : The WB1501, a 16x155-Mbit/s channelized framing processor for Sonet/SDH-based systems
RiverSoft Floats Management Ware
News Wire Feed -
June 28, 2001 : Third generation of IP network management solutions, Network Management Operating System (NMOS) and Fault Manager Version 3
Alidian Lays Off 25%
News Wire Feed -
June 28, 2001 : Has reduced its work force by 55 people, or approximately 25 percent
Poppy Meadows Faces the Future
News Wire Feed -
June 28, 2001 : Competisys and World Wide Packets team to deliver bundled services over fiber optic gig-Ether nets directly into businesses and homes
Bell Labs Calculates Limits
News Wire Feed -
June 28, 2001 : Scientists at Lucent Technologies' Bell Labs calculate theoretical
limits of fiber optic communications
Polatis Opens Optical Switch Center
News Wire Feed -
June 28, 2001 : Will house manufacturing operations as the company rolls out pilot production of fiber optic switch products
Infineon Sells Off Infrared Unit
News Wire Feed -
June 28, 2001 : Vishay Intertechnology Inc. will acquire Infineon's entire infrared components business for approximately $120 million
Lumentis Lures Lucent Luminary
News Wire Feed -
June 28, 2001 : Pär Johanson has been appointed to lead the marketing and sales operations of Lumentis
360networks Cuts 800 Jobs
News Wire Feed -
June 27, 2001 : Workforce reduction includes a range of positions in North America,
Europe, South America, and Asia
Redback Backs Off on Guidance
News Wire Feed -
June 27, 2001 : Expects revenue in the current fiscal quarter ending June 30 to be approximately $55 to $60 million
Lucent Chooses Marvell Processor
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June 27, 2001 : Lucent selects Marvell's GalNet-3 switching chips for next-generation metropolitan area networking systems
JDSU Schedules Year-End Report
News Wire Feed -
June 27, 2001 : Will announce results for its Fiscal Year 2001 fourth quarter and year end on July 26, 2001
Intune Creates Tech Board
News Wire Feed -
June 27, 2001 : Technical Advisory Board will provide advice on technology and market trends to Intune’s management team
OpNet's Got a 'Guru'
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June 27, 2001 : ServiceProvider Guru enables intelligent network management for service providers
Riverstone to Rout Korea
News Wire Feed -
June 27, 2001 : Korea Telecom will deploy Riverstone routers in a nationwide metro network deployment in South Korea
Cahners Projects Telecom Rebound
News Wire Feed -
June 27, 2001 : Cahners In-Stat Group says communications market may drive reversal of current semi-bust cycle --next year
CyOptics Ships 36GHz Modulators
News Wire Feed -
June 27, 2001 : Its 40-Gbit/s Electro-Absorption Modulators (EAMs) are achieving bandwidth in excess of 36 Gigahertz
China Telecom Gets Extreme
News Wire Feed -
June 27, 2001 : China Telecom selects Extreme Networks for regional metro network
deployments
Zolo Completes Hyperfine Buy
News Wire Feed -
June 27, 2001 : Has completed its acquisition of optical gratings manufacturer Hyperfine Inc., located in Boulder, Colorado
RHK Projects Asia Growth
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June 26, 2001 : Reports that the market for Asia-Pacific optical transport, including WDM, SDH/Sonet, and DCS equipment, will reach $6.2B in 2001
BT Takes Piece of fSona
News Wire Feed -
June 26, 2001 : BTexact Technologies has exercised its option to acquire an equity stake in fSONA Communications Corp.
DigiLens Lands $14.5M
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June 26, 2001 : Closes a credit facility from European Venture Partners, GATX, Transamerica Finance, Silicon Valley Bank, and Finova Capital
Tektronix Integrates Tester
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June 26, 2001 : Bit-error-rate tester enables productivity gains for gigabit Ethernet and Sonet/SDH element design
Intense Photonics Wins a Wad
News Wire Feed -
June 26, 2001 : $11 million in first-round funding comes from 3i Group and ACT Capital Partners
Level 3 Wins Microsoft Contract
News Wire Feed -
June 26, 2001 : Level 3 will provide CrossRoads Internet access service in North America for six properties in the MSN network of Internet services
Hitachi Gets Elastic
News Wire Feed -
June 26, 2001 : Hitachi USA forms strategic relationship with Elastic Networks to provide advanced communication services to lodging industry
Core Networks Wins Cable Deal
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June 26, 2001 : MetroCast Cablevision has selected the CoreOS Broadband Provisioning and Management System to manage its high-speed cable Internet services
Teleglobe Launches MPLS Network
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June 26, 2001 : Its global IP network, GlobeSystem, is now 100 percent multiprotocol label switching enabled
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