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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: Bindusagar Reddy who wrote (50402)	7/26/1998 9:28:00 PM
From: pat mudge	of 61433

A few links that explain NN's position with both BT and AT&T: Siemens/NN and BT: w2.siemens.de BT has selected GPT, and the Siemens / Newbridge Alliance as the supplier for its CellStream Multi-service Network. The contract awarded to GPT includes MainStreetXpress switches, customer access equipment and network and service management from the Siemens / Newbridge alliance. This network will enable BT to seamlessly deliver a comprehensive range of services to its customers. w1.siemens.de "The new constellation will allow Siemens to further strengthen the company's presence in the very attractive British telecommunications market", said Koch. "The formation of the new companies Siemens Telecom Networks and Siemens Newbridge Networks will enable Siemens to expand its business with public network operators in the UK." Siemens and BT w2.siemens.de ft.com; #PqI_ The manufacturers supplying the key network components - Marconi Communications of the UK, Newbridge Networks of Canada and Cisco Systems - will share more than œ1bn ($1.65bn) of capital expenditure. Marconi Communications is expected to announce that it has been awarded contracts worth more than œ500m for the basic network technology. The UK company, formerly GPT before Siemens of Germany sold its minority stake to GEC in June, is a world leader in Synchronous Digital Hierarchy (SDH), a high capacity transmission technology which is "self healing" if faults occur. Some 2500 SDH systems are expected to be installed by the end of 2000. NN and BT mainstreetxpress.com mainstreetxpress.com NN and AT&T newbridge.com newbridge.com Research sites for the Global Economy: ft.com ft.com

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