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Technology Stocks : Newbridge Networks

NN 15.87

+2.5%

Dec 5 9:30 AM EST

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To: pat mudge who wrote (10762)	4/13/1999 8:44:00 AM
From: zbyslaw owczarczyk	Read Replies (2) of 18016

ALERT: LONDON (Reuters) - Britain's Cable & Wireless announced plans Tuesday to invest $670 million to develop a high capacity Internet network in the U.S. C&W said the network, which would link more than 60 metropolitan areas in the U.S., should be ready by 2001. The network, USA Internet, would deploy transmission equipment at 9.6 Gigabit/second and use the most advanced routing and switching technology available in order to manage Internet, data, voice and messaging communications traffic on one network. C&W has entered into an agreement with Level 3 Communications to purchase 15,000 route miles of dark fiber. It would build an Internet facility in each metropolitan area. The network would link with C&W's global network including its Internet backbone in Europe and the Asia-Pacific region. Segments of the network are expected to go online before the network is completed. Everybody konws who is the primary C&W supplier worldwide. This network will be connected to Global ATM network, which was aworded to NN last months. Earlier last year NN won C&W network for UK and the rest of Europe. NN will get solid portion of US expention too. Zbyslaw

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