SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Alcatel (ALA) and France
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve Fancy who wrote (836)8/17/1999 8:27:00 AM
From: trenzich  Read Replies (3) of 3891
 
Global Crossing, Alcatel, Impsat In Supply
Pact

NEW YORK -- Global Crossing Ltd. (GBLX) signed agreements with
Alcatel SA (ALA), Lucent Technologies Inc. (LU) and Impsat Corp.
(E.IMS) to extend its network to South American cities.

In a press release Tuesday, Global Crossing said it signed an agreement
valued at about $700 million for Alcatel to design, manufacture and install the
South American system.

Alcatel also agreed to provide $100 million worth of contracts over the next
five years to Global Crossing's Global Marine Systems Ltd. unit.

The unit will provide marine support on a ship-availability basis.

The agreement replaces an earlier contract for the construction of the
undersea system.

Global Crossing said Lucent agreed to provide its optical networking
equipment for the terrestrial part of the project.

Lucent will provide its 80-channel WaveStar OLS 400G dense wave division
multiplexing systems and BandWidth Manager.

Global Crossing plans to use Lucent's TrueWave Reduced Slope optical
fiber.

Global Crossing said Impsat agreed to provide backhaul networks and
telehouses for the trans-Andean terrestrial link of the South American
network.

Impsat also agreed to buy at least $46 million worth of network capacity.

The two companies plan to sign a non-exclusive co-marketing agreement to
combine Impsat's Pan American distribution network with Global Crossing's
network.

Global Crossing expects the system will begin operating by 2001.

-Alan Paris; 201-938-5400
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News