Sprint to halt TLAB AN2100 and choose route to migrate their backbone to voice/ATM in a more cost effective manner. Regardless who will be involved in FON/Sprint project, it is onother validation of ATM technology.
My guess NT,traditional FON vendor will be involved.
This remind me TeraBridge JV,about which everybody forgot.
Now we understand why TLAB was talking to NN in March, after TeraBridge was formed with TeleHub.
Tellabs drops after Sprint decision
Analysts remain positive
By Tomi Kilgore, CBS MarketWatch
Last Update: 1:08 PM ET Nov 24, 1999
NewsWatch
Telecom Report
LISLE, Ill. (CBS.MW) -- Shares of Tellabs -- a maker of data, voice and
video transport and access systems -- dropped 3 to 70 1/4 after the
company announced late Tuesday that Sprint would no longer implement
a development program in which a Tellabs system was being tested.
The program, known as the JCS 2000, was an
internal Sprint (FON: news, msgs) development
project established to replace the carrier's
long-distance infrastructure with a next-generation,
voice-over-ATM architecture.
Overall, analysts remained positive on Tellabs' (TLAB: news, msgs)
shares, saying weakness provides a buying opportunity.
Sprint shares rose 3/4 to 71 3/4 in recent trading.
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