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Technology Stocks : Newbridge Networks

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To: Glenn McDougall who wrote (13210)	9/7/1999 11:11:00 AM
From: zbyslaw owczarczyk	Read Replies (3) of 18016

Telia AB scrapped CSCO contract: Sep. 03, 1999 (LTH - CMP via COMTEX) -- Building an integrated, multiservice network is easier said than done. Just ask frustrated executives at Telia AB (Stockholm), which last month scrapped a hard-won and highly publicized contract with Cisco Systems Inc. (San Jose, Calif.) for equipment and services. Despite considerable effort, Cisco has not been able to supply a multiservice asynchronous transfer mode (ATM) and Internet protocol (IP) network to Telia as specified in a contract signed in February. Telia had hoped to deploy its integrated network by January 2000. Instead, Telia is going back to the drawing board, forgoing the new network to simply upgrade its X.25/frame relay network with equipment supplied by Nortel Networks Inc., in order to meet increasing traffic demands, says Marianne Nivert, the executive in charge of Telia Network S

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